Market Alert: Gold and Silver Continue to Outperform with Robust Gains.
Assetora Limited (ASX: AOH) has entered into an AU$3 million private placement with CloudTech Group Pty Ltd, designed to strengthen its balance sheet and accelerate growth. The funding will be delivered in two tranches: an unconditional AU$500,000 placement and a conditional AU$2.5 million subscription tied to audited FY25 reports and ASX reinstatement. Shares for both tranches will be issued under ASX Listing Rule 7.1 within the company’s placement capacity.
CloudTech has also been granted participation rights in future debt and equity raisings for up to two years, allowing it to align closely with Assetora’s capital initiatives. This collaboration underlines confidence in Assetora’s investment platform expansion and upcoming fund launches.
Chairman Giuseppe Porcelli emphasized the strategic flexibility the investment brings, while CloudTech founder Kevin Chen highlighted the alignment with supporting scalable businesses in financial services. Together, the partnership aims to advance Assetora’s long-term growth trajectory
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.