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Titomic Limited
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Titomic (ASX: TTT) locks in A$16.5m placement at 23.5% discount to fund 2027 breakeven
Titomic has secured A$16.5 million from institutional investors to expand its Huntsville manufacturing base and fund operations through management's projected 2027 cash-flow breakeven point. The placement increases the existing share count by approximately 7.9% and is priced at a steep 23.5% discount to the last traded price.
Titomic (ASX: TTT) lands U.S. defense contract, advances cold spray in Huntsville
Titomic secures $1.7M U.S. defense contract and aces rocket thrust test. See how its cold spray tech is reshaping military manufacturing. Read more now.