BluGlass raises $4.3 million through placement, aims to raise another $9 million through SPP

ASX-listed compound semiconductor company BluGlass has received $4.3 million in commitments from institutional and sophisticated investors in what it describes as “a strongly supported share placement” at an issue price of $0.037 per share. According to an announcement from BluGlass on Monday, it is also undertaking a share purchase plan offer to enable eligible shareholders…