Global trade software company, TradeWindow, said its $2.2 million capital raising was now unconditional after commitments exceeded the $1m minimum threshold.
TradeWindow CEO and founder, AJ Smith, as well as another cornerstone shareholder, contributed to the capital raising, which is subject to shareholder approval.
Smith is set to contribute between $300,000 and $500,000, representing up to 22.7% of the offer's capital.
The remaining $200k sought under the offer is through a share purchase plan (SPP) to shareholders that opened on 8 April and will close 19 April.
TradeWindow, which launched the capital raising programme last month, will now proceed with the settlement of the other subscriptions received.
The company is also in discussions with other potential investors, and the final subscription levels will be announced on April 22.
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