SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Titomic secures A$16.5m placement to fund US manufacturing push

Titomic (ASX: TTT) secured firm commitments for a A$16.5 million institutional, non-underwritten placement to fund its next phase of US manufacturing expansion.

TTT

Titomic ASX:TTT has secured firm commitments for an A$16.5 million institutional placement to fund the next phase of its US manufacturing expansion and support its push towards projected cash flow breakeven during 2027.The non-underwritten placement will issue about 126.9 million new shares at A$0…