Brief: Audinate Group Launches A$50 Mln Placement And SPP

Audinate

07/09/2023 01:16

Sept 7 (Reuters) - Audinate Group Ltd  AD8.AX :
    * LAUNCHES A$50 MILLION PLACEMENT AND SPP
    * PLACEMENT AT AN OFFER PRICE OF A$13.00 PER SHARE
    * PROCEEDS WILL BE UTILISED TO EXPLORE A PIPELINE OF
IDENTIFIED
BOLT-ON M&A OPPORTUNITIES, ACCELERATE VIDEO GROWTH, AMONG OTHERS

Source text for Eikon:  ID:nASXc0Mtl5 
Further company coverage:  AD8.AX 

 ((Reuters.Briefs@thomsonreuters.com;))