Brief: Fluence Corporation To Raise Up To A$40.7M

Fluence

01/11/2023 24:46

Nov 1 (Reuters) - Fluence Corporation Ltd  4SVE.F :
    * TO RAISE UP TO A$40.7M TO SUBSTANTIALLY REDUCE DEBT
    * RETAIL ENTITLEMENT OFFER WILL RAISE UP TO A FURTHER A$9.2
MILLION
    * ISSUE PRICE FOR NEW SHARES UNDER PLACEMENT WILL BE A$0.12
PER
NEW SHARE
    * ENTITLEMENT OFFER WILL BE UNDERTAKEN AT FIXED PRICE OF
A$0.08
PER NEW ENTITLEMENT SHARE
    * ENTITLEMENT OFFER WILL RAISE A$20.8 MILLION THROUGH ISSUE
OF
260.2 MILLION NEW SHARES

Source text for Eikon:  ID:nASX5C7Qbh 
Further company coverage:  4SVE.F