Ambertech (ASX:AMO) has completed a fundraising
Ambertech Limited (ASX:AMO) has raised funds via a placement. The placement was strongly supported by domestic institutional and sophisticated investors. The capital raised will be used to fund Ambertech’s acquisition of Noise Toys Imports MI, as well as another well progressed acquisition within Ambertech’s existing markets. Funds will also be used to pay down debt and future potential acquisition opportunities.
Ambertech is a high-quality technology audio-visual (AV) equipment and communications solutions distributor servicing a wide range of industries across Australia and New Zealand.
Oaklins’ team in Australia acted as lead manager in this transaction.
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A share exchange agreement for making NARUMIYA a wholly owned subsidiary of World has been executed
World Co., Ltd. and NARUMIYA INTERNATIONAL Co., Ltd. have entered into a definitive share exchange agreement, under which World will acquire all outstanding shares of NARUMIYA and make it a wholly owned subsidiary. The share exchange is scheduled to take effect on 1 October 2025. Under the terms of the agreement, NARUMIYA shareholders will receive 0.58 shares of World stock for each Narumiya share they hold.
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