Wisr: Raises $33.5M to accelerate growth

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

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