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Integrated Media Technology Limited (NASDAQ:IMTE) Stock Fell Over 14%: But Why?

Integrated Media Technology Limited (NASDAQ:IMTE) dropped 14.06% in the last session. Recently the company entered three Securities Purchase Agreements with three credited investors for the sale of 888,888 no par value ordinary shares of the company at $3.15 per share for aggregate cash offerings of $2.8 million. The company plans to use net proceeds from …