Freshtel drawing up plans for a capital raising

Freshtel drawing up plans for a capital raising

VoIP product and service provider Freshtel (ASX:FRE) has entered a trading halt pending the announcement of a proposed capital raising.

The capital raising will take the form of a placement to investors who are exempt from disclosure requirements.

The company said it should be in a position to give more details, in the form of a market announcement, before Friday. This will lift the trading halt.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags voiptrading haltFreshtelcapital raising

Show Comments