Brief: Booktopia Says Successful A$8.1 Million Capital Raising

Booktopia

03/07/2023 02:43

July 3 (Reuters) - Booktopia  BKG.AX :
    * SUCCESSFUL A$8.1 MILLION CAPITAL RAISING
    * COMMITMENTS RECEIVED FROM SOPHISTICATED AND PROFESSIONAL
INVESTORS TO RAISE APPROXIMATELY A$6.5 MILLION
    * BINDING TERM SHEET SIGNED TO EXTEND AFSG LOAN FOR THREE
YEARS
    * FY23 UNDERLYING EBITDA LOSS FORECAST TO BE A$5.0 MILLION
    * FY24 UNDERLYING EBITDA FORECAST TO BE A$13.5M
    * TERMINATION OF CONSULTANCY AGREEMENT WITH TACHYON VENTURES
    * PLACEMENT AT AN ISSUE PRICE OF A$0.12 PER SHARE

Source text for Eikon:  ID:nASXbwFMFZ 
Further company coverage:  BKG.AX 

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