Brief: Imexhs Says Received Binding Commitments For A$2 Million Via Placement

ImExHS

03/08/2022 02:34

Aug 3 (Reuters) - ImExHS Ltd  IME.AX :
    * RECEIVED BINDING COMMITMENTS FOR A$2 MILLION VIA A
PLACEMENT
    * IS UNDERTAKING NON-RENOUNCEABLE PRO-RATA ENTITLEMENT OFFER
TO
RAISE ABOUT FURTHER A$2 MILLION
    * GUIDANCE FOR FY22 REVENUE BETWEEN A$18.0M TO A$20.5M
    * SHARES UNDER PLACEMENT & ENTITLEMENT OFFER TO BE ISSUED AT
A$0.48 PER SHARE
    * PROCEEDS OF OFFER WILL BE USED TO PAY DOWN EXISTING HIGH
YIELD
DEBT, AMONG OTHERS
    * SEES UNDERLYING EBITDA TO BE POSITIVE FOR 2022

Source text for Eikon:  ID:nASX8lzByx 
Further company coverage:  IME.AX