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DataDot rakes in $3m with SPP

DataDot rakes in $3m with SPP

Microdot technology developer DataDot (ASX:DDT) has revealed it raised $3 million in its recent share purchase plan.

Shareholders subscribed to just under $2.1 million worth of the placement, with the balance funded under the underwriting agreement with KTM Capital.

The company began issuing shares under the placement on Tuesday. During the day, DDT shares grew 4.76% to $0.044.

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