Month: November 2021

Nexion Group Ltd (ASX:NNG) has raised $2.75m through a share placement managed by Cadmon Advisory

Nexion Group Ltd (ASX:NNG) has raised $2.75m through a share placement managed by Cadmon Advisory at 16c per share. Nexion is a leading provider of enterprise ICT solutions including public, private and hybrid cloud. Nexion has recently experienced a significant increase in sales and is expecting this to continue, requiring replenishment of the companies working capital following the …

Nexion Group Ltd (ASX:NNG) has raised $2.75m through a share placement managed by Cadmon Advisory Read More »

Nexion just got $2.5 million as it focuses on funding future growth

The extra funding will enable Nexion to have greater working capital for future growth as it forecasts a positive EBITDA in FY2022. Hybrid cloud provider Nexion Group (ASX:NNG) has announced a capital raise of $2.75 million through a share placement to fund further growth opportunities and working capital. Nexion will issue 17,187,500 fully paid ordinary shares at …

Nexion just got $2.5 million as it focuses on funding future growth Read More »

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