Adslot Ltd (ASX:ADS) has requested a trading halt to finalize and execute an equity raise through a placement transaction. The trading halt will remain in place until the announcement regarding the transaction or the commencement of trading on 7 October 2024.
Adslot Ltd has requested a trading halt to facilitate the finalization and execution of an equity raise through a placement transaction. This strategic move aligns with our mission to automate the trading of forward guaranteed display advertising and enhance trading efficiencies for our global community of media buyers and sellers. We believe that this equity raise will further strengthen our position in the $80B online display advertising industry and support our global operations in North America, Europe, and Asia Pacific.
Adslot Ltd (ASX:ADS) has requested a trading halt to enable the finalization and execution of an equity raise through a placement transaction. The company's mission to automate the trading of forward guaranteed display advertising is being furthered through this strategic move. Adslot's global operations in North America, Europe, and Asia Pacific are expected to benefit from the equity raise, which aims to enhance trading efficiencies and strengthen the company's position in the $80B online display advertising industry. The trading halt will remain in place until the announcement regarding the transaction or the commencement of trading on 7 October 2024.