Gratifii's successful closure of institutional offer

Gratifii Limited (ASX:GTI) has successfully closed its $3.5 million institutional placement and the accelerated institutional component of its pro-rata non-renounceable entitlement offer of new fully paid ordinary shares. The Equity Raising received strong demand from existing shareholders and new institutional investors.

Executive commentary on institutional offer completion

We are pleased to announce the successful completion of the institutional offer, which has garnered significant interest from investors and shareholders. The Equity Raising, including the institutional placement and accelerated institutional component, has received strong support, reflecting confidence in Gratifii's growth prospects and the loyalty technology innovation we offer.

Summary of Gratifii's institutional offer and outlook

Gratifii (ASX:GTI) has closed its institutional offer, raising approximately A$9.0 million from investors and shareholders. The Retail Entitlement Offer, aiming to raise approximately A$4.7 million, is set to launch. The company's successful completion of the Equity Raising demonstrates strong support from both existing and new investors, indicating confidence in Gratifii's future growth and its position as a leading loyalty and rewards management company in the market.