Assetora Enters Binding Share Subscription Agreement with Digital Asset Ecosystem Provider
MT Newswires Live
Sep 16, 2025
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.