Ascension Capital Limited (NZX: ACE) has reported a loss after taxation of NZ$160,508 for the year ended 31 March 2023.

The Company raised $68,150 in a placement of 2,350,000 new ordinary fully paid shares, and is currently not actively investigating any reverse takeover (RTO) initiatives.

The Board is continuing to seek a suitable business opportunity to invest in and/or acquire through an RTO.

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