1414 Degrees ltd. (“14D”) released its quarterly report for the period ending 30 September 2024. The Share Purchase Plan (“SPP”) offered to eligible shareholders closed on 18 September, raising ~A$1m at a price of $0.06/sh. Additionally, 14D secured a funding agreement with US institutional investor, Lind Global Partners II LP (“Lind”) for up to A$4.7m. Collectively, the funds will be used to accelerate commercial opportunities, technological development and for general working capital. During t ....

05 Nov 2024
1414 Degrees: Institutional investment of up to A$4.7m secured, in addition to A$1m Share Purchase Plan proceeds

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1414 Degrees: Institutional investment of up to A$4.7m secured, in addition to A$1m Share Purchase Plan proceeds
1414 Degrees ltd. (“14D”) released its quarterly report for the period ending 30 September 2024. The Share Purchase Plan (“SPP”) offered to eligible shareholders closed on 18 September, raising ~A$1m at a price of $0.06/sh. Additionally, 14D secured a funding agreement with US institutional investor, Lind Global Partners II LP (“Lind”) for up to A$4.7m. Collectively, the funds will be used to accelerate commercial opportunities, technological development and for general working capital. During t ....