Blackpearl Group (NZX.BPG) has received commitments for approximately $1,794,750 million in its placement round, with 79.39% of available stock being taken up by US accredited investors and NZ wholesale investors.

The placement round will close at 5pm Wednesday, with shares being allotted within five business days.

The company will release its unaudited FY23 preliminary results tomorrow.

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