- Inabox has successfully raised $4 million via a private placement to new and existing institutional and sophisticated investors
- The funds raised will be used to pay down short-term debt associated with the recent acquisition of Hostworks, and for working capital
Inabox Group Limited (Inabox) (ASX:IAB), a national multi-channel, managed IT and communications company, is pleased to announce it has raised $4 million via a private placement (Placement).
The Placement will be used in part to pay down short-term debt associated with the recent acquisition of 100% of Hostworks Group Pty Limited and its associated companies (Hostworks).
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