Abaxx Announces Closing of $69 Million Bought Deal Offering

▤ Summary

Abaxx Technologies closed a $69 million bought deal offering after issuing 1,271,900 common shares at $54.25 each. The company will use the proceeds to develop and operate its Singapore exchange and clearinghouse, expand its digital infrastructure business, and support general working capital needs. Abaxx describes itself as building market infrastructure, financial technologies, and software tools for smarter markets. The raise gives the company more room to execute on its exchange, custody, and digital infrastructure plans.

$ Funding

▦ Linked Companies