ASX-listed Revasum gains on additional funding
11/09/2023 03:09
** Shares of Revasum Inc RVS.AX up 8% at A$0.135, set for
best day since Aug 30, if gains hold
** U.S.-based semiconductor maker says it has secured
additional financing under a note purchase agreement signed in
April 2023 with Firsthand Technology Opportunities Fund
** Says, co and Firsthand Technologies to increase the
maximum funding limit to $3.1 mln from $2.8 mln earlier
** RVS stock at its highest level since Aug 31
** Stock down ~4% YTD as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))