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.
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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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