- Gratifii (GT1) enters into a trading halt ahead of a capital raise
- There is currently no details on how much the company is aiming to raise but did say it will also announce an acquisition
- Under the halt, company shares will be paused until Friday, August 12, or when further information has been released to the market
- Shares in Gratifii are halted at two cents on August 10
Gratifii (GT1) has entered into a trading halt ahead of a capital raise.
There is currently no details on how much the company is aiming to raise however did mention of an upcoming acquisition.
Under the halt, company shares will be paused until Friday, August 12, or when further information has been released to the market.
The company specialises in software which enables businesses to create and drive customer engagement with loyalty and rewards programs.
Just yesterday, the company appointed Maggie Niewidok as Secretary of the company effective immediately.
Mr Niewidok is an admitted lawyer who works at Automic Group which provides market leading, cloud-based share registry technology and compliance and governance solutions.
In April, the company received $3.7 million in firm commitments via a placement carried out in two phases.
Gratifii used the money to expand its technology platform, invest in the Mosaic enterprise platform and pay any final earn-out payments under the Neat Ideas acquisition.
Shares in Gratifii was halted at two cents on August 10.