K-TIG Ltd (AU:KTG) has released an update.
K-TIG Limited has successfully raised A$500,000 through a convertible note offering to further fund its operations and explore potential acquisitions. The funds will be used for working capital, including salaries and professional services. This move highlights K-TIG’s commitment to enhancing its financial position and expanding its innovative welding technology.
For further insights into AU:KTG stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
