Syft seeks $5.5m capital as it warns of annual ‘material loss’
Christchurch company is trying to reduce reliance on two key semiconductor customers.
Syft unveiled new branding late last year.
Syft Technologies has again warned of “a material loss” for its 2023 financial year, and is now asking investors to approve a convertible note issuance to raise a further $5.5 million in capital.
The USX-listed company, which makes mass spectrometer sensors that measure air contaminants, said
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