Capital raise by Wellington Drive

Jun 25, 2020 | 2020, Latest News

Wellington Drive Technologies, a leading provider of Internet of Things (IoT) solutions and energy-efficient motors to the retail food and beverage industry, is to raise approximately $5.4m of new capital through a fully supported pro-rata rights issue. This announcement is intended to support the company through the period of financial uncertainty brought about by the […]

 


 

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