CIO

Swish Group completes $1.75m capital raising

Digital media company Swish Group (ASX:SWG) has announced that its has completed a $1.75 million capital raising through a share placement.

The capital raising closed oversubscribed. The company added nearly 100 new shareholders as a result of the placement, Swish Group said.

“With the restructuring and capital raising now completed the company looks forward to having its shares re-quoted on ASX and further developing its existing and new business,” managing director Dean Jones said.