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Facilitate completes $750k placement

Facilitate completes $750k placement

Digital marketing company Facilitate Digital (ASX:FAC) has completed a $750,000 share placement to raise capital.

The company said its shareholders subscribed 1-for-12 rights issue to the value of $256,000, and the rest of the shares went to new and existing institutional investors and the underwriters.

“We are pleased to have had a positive response from major shareholders, as well as a strong interest from new institutional shareholders,” CEO Ian Lowe said.

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Tags online advertisingFacilitate Digitalrights issuecapital raisingShare placement

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