- Cloud-based software-as-a-service logistics platform Yojee (YOJ) has entered a trading halt ahead of an upcoming capital raise
- At this stage, it is unclear just how much Yojee intends to raise and what it will use the funding for
- Yojee shares will be paused until Friday, September 25, or when it releases more information about the raise
- Earlier this month, the company reached a milestone, distributing over one million deliveries in the last two months
- Yojee last traded for 23.5 cents per share on September 22
Cloud-based software-as-a-service logistics platform Yojee (YOJ) has entered a trading halt ahead of an upcoming capital raise.
At this stage, it is unclear just how much Yojee intends to raise and what it will use the funding for.
Yojee shares will be paused until Friday, September 25, or when it releases more information about the raise.
Earlier this month, the company reached a milestone, distributing over one million deliveries in the last two months. Yojee says this is a great start to the new financial year.
The company also improved its enterprise-level capability following the completion of several platform feature updates.
Additionally, this month, Yojee all signed a three year deal with Thailand-based Siam Shoreside Services (SSS) for the Yojee logistics platform.
Yojee last traded for 23.5 cents per share on September 22.