** Shares of BluGlass BLG.AX falls as much as 31.3% to a record low of A$0.011; last down 28.1%
** Stock set for weakest session ever
** Semiconductor developer receives commitments to raise A$2.3 million ($1.5 million) via placement
** Issue price of A$0.013 represents a discount of 18.8% to its last close
** Also launches a share purchase plan to raise up to A$6 million and says all funds will be used to scale product delivery to fulfil new and existing contracts, among others
** About 23.8 mln shares traded in stock's busiest session since February 20, 2023
** BLG down 50% YTD, including current session's moves
($1 = 1.5623 Australian dollars)
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
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