Oct 16 (Reuters) - Fluence Corporation Ltd FLC.AX :
* LAUNCHED INSTITUTIONAL PLACEMENT TO RAISE ABOUT A$30 MILLION AT A$0.44 PER SHARE
* PLACEMENT WILL BE FOLLOWED BY A SHARE PURCHASE PLAN , CAPPED AT A$6 MILLION
Oct 16 (Reuters) - Fluence Corporation Ltd FLC.AX :
* LAUNCHED INSTITUTIONAL PLACEMENT TO RAISE ABOUT A$30 MILLION AT A$0.44 PER SHARE
* PLACEMENT WILL BE FOLLOWED BY A SHARE PURCHASE PLAN , CAPPED AT A$6 MILLION