Brief: Bigtincan Says Confidential, Non-Binding & Indicative Offer From Vector Capital Management, L.P.

Bigtincan Holdings

11/06/2024 01:23

June 11 (Reuters) - Bigtincan Holdings Ltd  BTH.AX :
    * CONFIDENTIAL, NON-BINDING, INCOMPLETE & INDICATIVE OFFER
FROM
VECTOR CAPITAL MANAGEMENT, L.P. AT INDICATIVE OFFER PRICE OF
A$0.25 PER SHARE
    * INDICATIVE OFFER PRICE OF A$0.25 PER SHARE
    * 1 FOR 3 ACCELERATED PRO RATA NON-RENOUNCEABLE ENTITLEMENT
OFFER
AT OFFER PRICE OF A$0.10 PER SHARE TO RAISE A$20.5M
    * SEES FY24 EBITDA OF MORE THAN A$10M
    * SEES  FY24 REVENUE OF MORE THAN A$120M


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