TradeWindow Holdings Ltd has secured a capital raising of $5.4 million, falling short of its target of $20 million.
Key investors supported the Share Offer, and the company is exploring alternative funding sources.
They are re-prioritising R&D investments and identifying cost efficiencies, while remaining committed to their strategy and achieving profitability.
Demand for TradeWindow's solutions remains strong, with FY23 guidance still in place.
Settlement and allotment of the new shares is expected to occur on 2 March 2023.
See more
