DomaCom Limited (ASX:DCL) is pleased to announce that it has now received subscriptions for the remaining portion of the $1,998,503 placement announced to the market on 13 July 2021. The placement was for sophisticated and wholesale investors only. 30,506,852 Ordinary Shares are being issued at a price of $0.06551 per share. The placement was subject to a Cleansing Prospectus that was lodged with ASIC as the Company has been suspended for more than 5 days in the previous 12 month period. The placement uses all of the 10% capacity available under ASX Listing Rule 7.1A. The revised proposed issue date is 10 November 2021. A mix of existing and new investors have subscribed for the placement. DomaCom will now focus on finalisation of a shortfall offer. Completion of the latter component of the Company’s current equity raising program is expected to open the way for it to resume trading on the ASX.
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