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RemSense Technologies Limited (ASX:REM)
ALERT: Price-sensitive ASX Announcement for REM
Current share price for REM : $0.025 -0.008 (-24.24%)+
Announcement
Release
24 Jun 2026 9:32AM
Price at Release
$0.033
Full Release
Summary
RemSense Technologies Limited announced a successful capital raising of $1.21 million primarily supported by new sophisticated and professional investors. The placement, managed by Peloton Capital, involved issuing 44,875,296 fully paid ordinary shares at $0.027 each. The funds will be directed towards enhancing technological capabilities, including further development of the virtualplant platform and AI-enabled infrastructure. Peloton Capital will receive a capital raising fee and additional options as part of their management role.
Key Points
- Firm commitments received to raise $1.21 million.
- Placement managed by Peloton Capital.
- 44,875,296 shares issued at $0.027 per share.
- Funds to enhance technological capabilities and virtualplant platform.
- Peloton Capital to receive a 6% capital raising fee and 25 million options.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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