Why the AppsVillage (ASX:APV) share price soared 19% today

The AppsVillage Australia Ltd (ASX: APV) share price was sent soaring today following a capital raise announcement. During late-afternoon trade, the software-as-a-service (SaaS) solutions provider’s shares were up 23.8% before closing the day up 19% at 13 cents per share.

Let’s take a closer look and see what AppsVillage announced.

What’s driving the AppsVillage share price higher?

The AppsVillage share price is firmly in the green today as investors appear excited about the company’s latest prospects.

According to its release, AppsVillage reported a number of updates in regards to raising funds to execute its growth strategy.

The company stated that it has successfully secured binding commitments from existing…