SCT BluGlass closes share purchase plan, raising a further $5.3m

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SCT BluGlass closes share purchase plan, raising a further $5.3m

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BluGlass Ltd of Silverwater, Australia — which develops and manufactures gallium nitride (GaN) blue laser diodes based on its proprietary low-temperature, low-hydrogen remote-plasma chemical vapor deposition (RPCVD) technology — has closed its share purchase plan (SPP), raising $5.3m before costs. The SPP followed a $2.3m placement to institutional and sophisticated investors at the beginning of May, raising a total of $7.6m...

Source: https://www.semiconductor-today.com/new ... 0625.shtml
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