December 16, 2024 - 12:03
Ciscom has successfully secured a substantial financing package worth $12.8 million, aimed at accelerating its growth through strategic acquisitions. The company has collaborated with Phoenix Corporate Finance to establish dual financing facilities that will enhance its capacity to pursue merger and acquisition opportunities without diluting shareholder equity.
This innovative financial approach underscores Ciscom's commitment to expanding its market presence while maintaining the integrity of its existing shareholder base. By leveraging non-dilutive financing, Ciscom positions itself to make significant investments in promising ventures that align with its growth objectives.
The strategic partnership with Phoenix Corporate Finance is expected to facilitate a streamlined acquisition process, allowing Ciscom to capitalize on emerging opportunities in the rapidly evolving AdTech landscape. As the company looks to enhance its portfolio, this financing initiative is set to play a pivotal role in shaping its future trajectory and reinforcing its competitive edge in the industry.