Wide Open Agriculture to raise A$1 million through share placement
Australian company Wide Open Agriculture has secured a A$1 million share placement at A$0.01 per share, according to a Reuters report on the funding.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Wide Open Agriculture Ltd said it has secured a private placement of A$1 million. The new shares will be issued at A$0.01 each, according to Reuters.
why it matters
The deal is small, so its impact on the broader market is minimal. For existing shareholders, the low placement price matters more, since issuing many new shares at that level could dilute their stakes.
tags
instruments
sources
- Wide Open Agriculture To Raise A$1 Million Via Placement — Reuters, 12 November 2026 at 23:46 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗