Western Australian IT services firm Empired has completed a $3.6 million placement to fund its growth strategy and provide additional working capital.
Empired said the placement, priced at 30 cents per share, would be completed in two tranches.
Euroz Securities acted as lead manager to the placement.
Managing director Russell Baskerville said the placement would be used to fund business growth and provide additional working capital.
Emipired stocks were steady today, closing trade at 35 cents.
