Yojee Limited Notified on Share Purchase Plan

  • Jan 11, 2020 AEDT
  • Team Kalkine

Yojee Limited Notified on Share Purchase Plan

Yojee Limited (ASX: YOJ) is planning to undertake an underwritten share purchase plan (SPP) for the eligible shareholders in Australia and New Zealand.

Major Highlights of SPP

  • YOJ is seeking to raise $2 million at price of $0.05 per share.
  • Proceeds would be utilised to build out Asia Pacific and international marketplaces.
  • It would also increase its leadership in artificial intelligence and logistics network connectivity.
  • The company intends to expand its geographical sales presence.
  • The offer opens on 13 January 2020.

On 10 January 2020, YOJ last traded at $0.052, up by 4% from the previous close.

 

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