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RocketBoots Limited (ASX: ROC) has successfully raised AU$3.0 million through a well-supported placement at AU$0.08 per share. The capital will be deployed to expand the company’s AI-powered Computer Vision technology, targeting loss prevention and workforce optimization in the global retail and banking sectors. The placement will occur in two tranches, with AU$2.32 million raised initially and an additional AU$0.68 million subject to shareholder approval in May 2025.
With rising retail shrinkage and increasing demand for AI-driven operational efficiency, RocketBoots aims to strengthen its presence among major retailers and financial institutions. The company plans to utilize the funds to accelerate sales initiatives and drive international expansion. Taylor Collison Limited and Originate Capital Pty Ltd acted as joint lead managers for the placement. This capital raise strategically positions RocketBoots to secure a greater market share and enhance its AI-driven enterprise solutions.
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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.
