DUG Technology Secures Funds for Global Expansion

DUG Technology Ltd (AU:DUG) has released an update.

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DUG Technology Ltd has raised A$1.23 million from its Share Purchase Plan, complementing a larger capital raising effort totaling approximately $30.2 million. The funds will support the company’s growth initiatives, including expanding its Houston data center and establishing a new office in the Middle East. This strategic move aims to enhance DUG’s capacity and strengthen its market presence.

For further insights into AU:DUG stock, check out TipRanks’ Stock Analysis page.

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