Raiz completes Share Purchase Plan

ASX-listed Raiz Invest have advised that the Share Purchase Plan (SPP) announced on 26 August 2024 has been completed, raising approximately $938,000.

A total of 2,287,651 new fully paid ordinary shares in Raiz were issued today under the SPP (New Shares) at an issue price of $0.41 per New Share (being a price per New Share equal to the Raiz shares issued under the placement to State Street Global Advisors, Inc., TIGA Trading Pty Ltd and Thorney Technologies Ltd).

The New Shares are expected to commence trading on ASX on 23 September 2024, with holding statements to be despatched the following day.