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FATFISH GROUP LIMITED — Capital/Financing Update 2021
Aug 25, 2021
64911_rns_2021-08-25_51353f2f-cdb3-42f5-8af3-d188a3d4a93d.pdf
Capital/Financing Update
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Fatfish Group Limited (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia
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26 August 2021
ASX Announcement
Fatfish Receives and Completes A$8 million Funding for BNPL and Fintech Growth
Reference is made to Fatfish Group Ltd’s (“ FFG ” or the “ Company ”) announcement dated 19 August 2021 in which FFG announced that it has secured A$8 million in fresh funding from US-based fund, Arena Investors L.P. (“Arena Investors”).
FFG is pleased to announce that it has received the A$8 million funding and has today issued the convertible notes to Arena Investors, that is convertible at A$0.07 per FFG share, a premium to the current trading price of FFG shares. As such, the fundraising exercise is now completed.
FFG would like to thank Arena Investors for their continued support and looks forward to a fruitful partnership with Arena Investors.
FFG will be deploying the funding received to accelerate the growth of its BNPL and fintech businesses in Southeast Asia.
The Appendix 3G will be lodged shortly.
This announcement has been authorised by the Board of Directors of FFG.
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About Fatfish Group Limited
Fatfish Group Limited ( ASX: FFG ) is a publicly traded tech venture firm with businesses in the Southeast Asia and internationally. FFG has been building ventures across gaming, esports and fintech.
FFG owns a majority stake in Abelco Investment Group AB (NGM:ABIG), which is publicly traded on the Swedish exchange, Nordic Growth Market.
FFG and Abelco operate from innovation hubs located in Singapore, Kuala Lumpur and Stockholm. For more details email [email protected] or visit www.fatfish.co.
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