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Audinate Group Provides Investor Presentation on Equity Raising

22 Jul 2020  |  10:16:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Audinate Equity Raising - Investor Presentation

Audinate Group provided investor presentation on equity raising. It is raising A$28m via a fully underwritten Institutional Placement to professional and sophisticated investors at an issue price of A$5.15 per share (Placement) and up to A$12m in a Share Purchase Plan to all existing eligible shareholders. Revenue is US$20.4m (A$30.3m) and EBITDA is A$2.0m.

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