The existing shareholder Mehta Vimesh Piyush, acquired his shareholding from the open market after the company’s initial public offering (IPO) in April 2022.
iWOW Technology is issuing 15 million new ordinary shares to an existing shareholder at 20 cents per share, following the shareholder’s interest in subscribing to new shares.
This will result in the company raising gross proceeds of $3 million.
