Australia's BirdDog Technology climbs in market debut

BirdDog Technology

20/12/2021 03:42

** Shares of video technology co BirdDog Technology Ltd
 BDT.AX  rise as much as 14.6% in their market debut compared
with the issue price
    ** Co raises A$33 mln ($23.49 mln) in its initial public
offering at A$0.65 per share  urn:newsml:reuters.com:*:nASXqyt5D
    ** Says proceeds will be used for supply chain enhancement,
engineering, marketing, and intellectual property and regulatory
management, among others
    ** Stock last up 6.9% at A$0.695, with more than 1.8 mln
shares trading hands
    ** Shares open trading at A$0.700, rise as high as A$0.745

($1 = 1.4051 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))