Assetora Enters Binding Share Subscription Agreement with Digital Asset Ecosystem Provider

MT Newswires Live

2025/09/16

Assetora (ASX: AOH) signed a binding share subscription agreement with CloudTech Group for a AU$3 million share placement across two tranches, according to a Tuesday Australian bourse filing.

The first tranche share subscription is an unconditional placement of around 3,571,429 shares at an issue price of AU$0.14 apiece, for a total of AU$500,000.

The second tranche is a conditional placement for an additional subscription by CloudTech of shares to the value of AU$2.5 million.

It will use the proceeds for its current and planned growth initiatives, including the expansion of its investment platform and new fund launches.

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