RMA Global's Share Purchase Plan Success

RMA Global (ASX:RMY) has successfully completed its Share Purchase Plan (SPP), raising approximately A$301,700. The SPP offered shares at A$0.048 each, consistent with a recent institutional placement. Roughly 6,285,409 new shares, representing about 1% of the company's total shares, are set to be issued. These shares will be issued on November 21, 2024, and are expected to begin trading on the ASX the following day.

Overview and Future Outlook for RMA Global

RMA Global has concluded its Share Purchase Plan, raising A$301,700 by issuing shares at A$0.048 each. The new shares account for about 1% of the company's total shares and will begin trading on November 22, 2024. This initiative aligns with RMA Global's ongoing efforts to enhance financial strategies and expand its market presence. The company's platform, RateMyAgent, is widely used across Australia, New Zealand, and the United States, supporting over 345,000 agents and 9,800 real estate offices. As the company continues to build on its growth and international operations, it maintains a focus on exceptional client service and reputation building within the real estate sector.

Executive Commentary on Share Purchase Plan

The successful completion of our Share Purchase Plan reflects the strong support from our shareholders and confidence in RMA Global's strategic direction.