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DomaCom closes $3 million entitlement offer

The new funds will be used to further develop DomaCom’s fractional investment platform.

DomaCom Ltd - DomaCom closes $3 million entitlement offer
DomaCom is focused on building revenue by growing funds under management

DomaCom Ltd (ASX:DCL) has closed its pro-rata non-renounceable entitlement offer of shares at 7 cents each after raising $833,700 from eligible shareholders.

In addition, a further $325,131 was raised through the shortfall offer and $1,840,259 of the underwriting facility has been called upon.

DomaCom will raise a total of $2,999,090

Following the equity raising, DomaCom will be well placed to continue the development and integration of the DomaCom Platform and support the growth in sales in both the superannuation and retirement markets via its innovative products.

Quick facts: DomaCom Ltd

Price: 0.057 AUD

ASX:DCL
Market: ASX
Market Cap: $13.97 m
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