PKY Appoints Former Altium Chairman as Strategic Advisor
Key points
- Strategic Advisor Appointment: Sam Weiss, former Altium Chairman, appointed
- Strategic Placement: Raised $2.8M at $0.028 per share
- Funds Allocation: To accelerate technology, marketing, and business development
Full summary
Pathkey.AI Ltd (ASX: PKY) has appointed Sam Weiss, former Non-Executive Chairman of Altium Limited, as a strategic advisor. Weiss, who led Altium from a small Sydney-based software company to a global leader, will provide strategic guidance to PKY and its subsidiary Chipforge. PKY also announced a strategic placement raising $2.8 million at $0.028 per share, cornerstoned by Weiss. The funds will support technology, marketing, business development, and general working capital for Chipforge and other initiatives.
Guidance
Raised $2.8M in strategic placement at $0.028 per share
Outlook
PKY plans to use the raised funds to accelerate technology, marketing, and business development for Chipforge.
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