What happened
Cosmo Advanced Materials & Technology disclosed a private placement (third-party allotment) to raise US$23.8M, about 2.2% of its market value.
For context, this raise equals about 2.2% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Private placement |
|---|---|
| Raise amount | US$23.8M |
| vs. market value | 2.2% |
| Filed | 2026-03-13, Material event report (rights offering) |
| Source | DART rcept 20260313000741 → open original filing |
Source: DART. Information only, not investment advice.