Perth security company Threat Protect Australia marked its listing on the ASX today with news it has completed due diligence on one of two planned acquisitions.
The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.
Perth-based Magnolia Resources has engaged two brokers to undertake a $5 million capital raising as part of its reverse takeover of Canadian e-commerce company PDT Technologies.
Aziana was one of three Perth exploration companies to release details today of plans to leave the resources sector behind, through reverse takeovers of businesses in sectors as diverse as artificial intelligence, medical cannabis and e-commerce.
