Harvest Technology: Raising $10M to promote growth
- Harvest Technology Group (HTG) has received binding commitments to raise $10 million via a private placement
- Then the company has received binding commitments from a mix of existing, institutional and sophisticated investors
- Harvest Technology Group has enjoyed a fruitful start to 2020
- The company has enjoyed a great first half of the year, seeing their share price nearly quadruple from 5.5 cents since the start of January
- The company said the placement price of 13.5 cents represents a 10 per cent discount to the 15-day volume-weighted average price of 15 cents
- However, HTG is in the red today, like much of the market, down 7.8 per cent and trading shares for 17.5 cents each.
