** Shares of Dotz Nano DTZ.AX fall 21.8% to A$0.068, set for weakest session since mid November 2024
** Stock hits lowest level since May 7
** The nanotechnology co receives binding commitments to raise A$1.2 million ($772,680.00) via a placement
** Issue price of A$0.06 represents 31% discount to co's last close
** Says funds will be used for working capital purposes
** More than 419,000 shares change hands vs 30-day avg volume of around 388,000 shares
** Stock down 32% YTD, including current session's moves
($1 = 1.5530 Australian dollars)
(Reporting by Sherin Sunny and Nikita Maria Jino in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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