Collaborate Corporation Ltd (ASX:CL8) to Undertake Underwritten Rights Issue
Collaborate Corporation Limited (ASX:CL8) is pleased to announce its proposal to undertake a partially underwritten non-renounceable pro rata entitlement offer of approximately 77,389,732 new Collaborate shares to raise approximately $1.16 million on the basis of 1 new Collaborate share for every 8 existing Collaborate shares held at an issue price of $0.015 per new Share.