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ACE Acusensus News Story

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Australia's Acusensus falls on discounted placement

** Shares of Acusensus ACE.AX fall as much as 6.1% to A$1.55, their lowest level since December 3

** The AI technology company receives firm commitments for a A$30 million ($19.93 million) placement

** The issue price of A$1.50 represents a discount of 9.1% to stock's last close

** Proceeds to be used for business development, others

** Stock is up 39.6% YTD, including the session's moves

($1 = 1.5049 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))

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