The $26.5 million in net proceeds will go towards funding Winking’s business strategy and future plans such as strategic acquisitions, alliances and joint ventures, secondary or dual listings
Following the placement of 108,000,000 shares on July 8, Winking Studios has announced that all new ordinary shares have been fully subscribed, amounting to net proceeds of $26.5 million.
The shares were at an issue price of 25 cents each, representing a discount of approximately 1.0% to the volume weighted average price of 25.24 cents per share.
