What happened
Phionx updated the terms of a private placement (third-party allotment) to raise US$3.38M, about 86.5% of its market value.
For context, this raise equals about 86.5% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Private placement |
|---|---|
| Raise amount | US$3.38M |
| vs. market value | 86.5% |
| Filed | 2026-03-06, [Amended] Material event report (rights offering) |
| Source | DART rcept 20260306000578 → open original filing |
Source: DART. Information only, not investment advice.