Wisr: Raises $33.5M to accelerate growth
- Wisr (WZR) has raised just over $33 million to accelerate the company’s growth
- The company issued 181 million shares to new and current investors at a price of 18.5¢ per share
- Then the placement was well-supported and saw a number of high-quality institutional investors
- The company aims to raise a further $1.5 million through a share purchase plan
- Wisr also will use the proceeds of the Placement to support the scaling of the core lending business
- Wisr remains steady on the market this afternoon, trading at 23¢ per share