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GetSwift Secures Funding up to US$45 Million from U.S. Alternative Investment Group

GetSwift Secures Funding up to US$45 Million from U.S. Alternative Investment Group

03/10/20, 10:58 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$45 million
GetSwift Limited (ASX: GSW) (‘GetSwift’ or the ‘Company’), a leading provider of SaaS logistics technology, is pleased to announce that it has entered into a put option agreement (“Agreement“) with LDA Capital LLC (“LDA Capital“), a United States based private alternative investment group, which has agreed to provide the Company with up to US$45 million (“Commitment Amount”) in committed equity capital over the next 36 months. The Company will use this capital (as required) to continue to fuel growth and to hedge against developing global circumstances such as the Coronavirus.

Company Info

Company
Get Swift
Location
new york, new york, united states
Additional Info
Technology to Optimise Global Delivery Logistics

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