on A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)
A2Z Cust2Mate Secures $45 Million in Oversubscribed Equity Financing
A2Z Cust2Mate Solutions Corp., a leader in smart retail technology, has successfully completed a $45 million equity financing round, priced at $8.00 per share. The round saw notable demand from top financial institutions including Wellington Management. This funding will bolster the development and large-scale production of smart carts, advance marketing, expand retail media capabilities, and support working capital needs.
The company, having recently secured $55 million in orders from Yochananof and $25 million from Central America, is now fully funded to implement its growth strategies. The funding will also expedite the rollout of data-driven retail media and insights for monetization. CEO Gadi Graus emphasized the strategic importance of this financing in driving global expansion and innovation.
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