Volatus Aerospace Secures Major Funding Injection

Canadian aerospace firm Volatus Aerospace is finalizing a substantial $20 million capital raise, triggering a significant market response. The company’s shares have already demonstrated impressive momentum, entering what appears to be a pivotal growth phase.

The public offering consists of 33.35 million common shares priced at $0.60 each, generating gross proceeds exceeding $20 million. An additional overallotment option for 5 million shares could potentially boost total proceeds to $23 million, providing even greater financial flexibility.

Exceptional Market Performance

Trading on the TSX Venture Exchange under the symbol FLT.V, Volatus Aerospace shares have delivered remarkable returns. On November 24, the stock closed at CAD $0.58, representing a daily gain exceeding 11%. More impressively, the equity has Read more...