Ovanti to Raise AU$8 Million Through Share Placement

MT Newswires Live

2025/10/08

Ovanti (ASX:OVT) received firm commitments to raise AU$8 million through a placement of 1.23 billion shares at AU$0.0065 each to institutional, sophisticated, and institutional investors, according to a Wednesday filing with the Australian bourse.

The company also said that its US Buy Now, Pay Later business entered a three-year agreement to sponsor Speedway Motorsports.

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