RocketBoots (ASX: $ROC) Capital Raise and Share Purchase Plan Update

RocketBoots Limited (ASX: $ROC) has successfully completed a capital raise, securing approximately $355,500 through a placement of approximately 3,555,000 new fully paid ordinary shares at an issue price of $0.10 per share. The funds, in conjunction with the proposed Share Purchase Plan (SPP), will be utilized to support the Company's working capital requirements and the operational costs of ongoing trials in the UK, USA, Australia, and New Zealand.

Executive Commentary on Capital Raise and Share Purchase Plan

It's great to have multiple trials running internationally for the first time ever. Selling and delivering internationally has been a good test for the ROC team and we are happy that all the trials have been progressing well to date. We are working hard with customers to ensure trials demonstrate the full capabilities of ROC's software and that ROI is clear.

Summary of RocketBoots Capital Raise and Share Purchase Plan

RocketBoots Limited (ASX: $ROC) has successfully completed a capital raise, securing approximately $355,500 through a placement of new fully paid ordinary shares. The Company also announced a Share Purchase Plan (SPP) targeting to raise up to $650,000. The funds raised will be used to support the Company's working capital requirements and the operational costs of ongoing trials in the UK, USA, Australia, and New Zealand. Shareholders will have the opportunity to participate in the SPP, with further details to be provided in the SPP Offer Booklet. RocketBoots continues to focus on delivering its software capabilities internationally and ensuring clear ROI for its customers.