Syft Technologies details $5.5m capital round, eyes possible sale
An independent adviser’s report says funding round’s positives outweigh negatives.
Syft is seeking shareholder approval for a $5.5m capital raise.
Details of a proposed $5.5 million funding round for Syft Technologies show it will dilute existing shareholders by up to 19.6% and is conditional on an independent adviser being appointed to consider future capital and strategic options for the business, including a potential sale.
The USX-listed
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