Brief: Family Zone Cyber Safety Receives Firm Commitments For A$20 Mln Placement

Qoria

09/03/2023 24:44

March 9 (Reuters) - Family Zone Cyber Safety Ltd
 FZO.AX :
    * RECEIVED FIRM COMMITMENTS FROM INSTITUTIONAL AND
SOPHISTICATED
INVESTORS FOR A$20 MILLION  PLACEMENT
    * PLACEMENT AT ISSUE PRICE OF A$0.18 PER NEW SHARE
    * WILL BE CONVERTING A$5 MILLION OF ITS EXISTING WORKING
CAPITAL
FACILITY TO EQUITY

Source text for Eikon:  ID:nASX5Gw1Zk 
Further company coverage:  FZO.AX 

 ((Reuters.Briefs@thomsonreuters.com;))