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Mdundo Launches Rights Issue to Accelerate Growth
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Mdundo Launches Rights Issue to Accelerate Growth
Mdundo.com A/S has announced a strategic rights issue to raise up to DKK 10.2 million (approximately Sh205 million). This capital injection aims to secure 12 to 18 months of operational runway and propel the company toward EBITDA profitability. Existing shareholders receive preferential subscription rights at a price of DKK 1.00 per new share. The company [...] The post Mdundo Launches Rights Issue to Accelerate Growth appeared first on Khusoko …
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