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Etherstack Plc (ASX:ESK) Presentation - Successful Placement Oversubscribed


Etherstack Plc (ASX:ESK) Presentation - Successful Placement Oversubscribed
  
Presentation - Successful Placement OversubscribedSydney, Dec 18, 2020 AEST (ABN Newswire) - Etherstack plc (
ASX:ESK) is pleased to announce it successfully raised AUD $5 million via an institutional Placement with new institutional investment funds and HNW investors (Placement).
Key points:
- Strong support from institutional investors. The Placement was substantially oversubscribed demonstrating the strength of support from the institutional investors; and
- Proceeds of the Placement will provide balance sheet flexibility to:
o Enable and accelerate the pursuit of evolving market opportunities in Government Infrastructure, Defence and Public safety markets in particular those opportunities involving Etherstack s Mission Critical Push to Talk and PTT over satellite solutions; ....

New York , United States , New South Wales , City Of , United Kingdom , Etherstack Plc , Etherstack Mission Critical Push To Talk , Government Infrastructure , Mission Critical Push , Australian Defence Contract , Samsung Global Teaming Agreement , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , புதியது தெற்கு வேல்ஸ் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , அரசு உள்கட்டமைப்பு , பணி முக்கியமான மிகுதி , ஆஸ்திரேலிய பாதுகாப்பு ஒப்பந்த ,