#sharepurchaseplan

Carbonxt Group Ltd (ASX: CG1) has taken a major step forward, closing its Share Purchase Plan (SPP) with resounding success. This bold move strengthens the Company’s strategic expansion plans in Kentucky, USA. 🌎💼

🔥 Highlights of the Carbonxt SPP Success

🔹 Total Raised: A$739,000 from loyal shareholders. 💰

🔹 Offer Details: Shareholders could subscribe for up to A$30,000 at just A$0.06 per share! 📈

🔹 Underwritten Support:

Phelbe Pty Ltd and Chaleyer Holdings Pty Ltd underwrote the SPP up to A$1,000,000 — showcasing rock-solid backing. 🤝✨

🔹 Shortfall Placement:

Carbonxt Group Limited (ASX: CG1), a leader in activated carbon technology, has announced the launch of a Share Purchase Plan (SPP) following two successful capital raises in late 2024. This strategic move provides existing shareholders with the opportunity to invest under the same terms as institutional investors, reflecting Carbonxt's commitment to shareholder value and inclusive growth.

Purpose of the Share Purchase Plan