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ISOTeam: Successful Close & Full Subscription Of 3-Month Series 001 Digital Securities Commercial Paper On The SDAX Platform, S$6.46 Million Gross Proceeds Raised.

25 Jun 2025 17:43

ISOTeam Ltd. is pleased to announce that the 3-month Series 001 SDAX Issuance launched on 9 June 2025 has closed on 25 June 2025 at 11:30 a.m. (Singapore time) and has received strong demand from investors, as it was oversubscribed. The Company had targeted to raise up to a maximum of S$5 million for the 3-month Series 001 SDAX Issuance and had received applications from accredited investors and institutional investors for an aggregate amount of S$6.46 million, representing a 29.2% oversubscription. Accordingly, the final aggregate amount raised by the Company from the 3-month Series 001 SDAX Issuance is S$6.46 million. The digital securities to be issued by the Company to the subscribers of the 3-month Series 001 SDAX Issuance will be listed on the SDAX digital platform on 25 June 2025...

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Source: ShareInvestor Express