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Audinate shares in trading halt, capital raising announced – Motley Fool Australia
Audinate shares are in a trading halt this morning after the media technology company announced a $40 million equity raising.
Audinate Group Ltd(ASX: AD8) shares are in a trading halt this morning after the media technology company announced a $40 million equity raising. Funds are earmarked to accelerate growth and strengthen the company’s balance sheet. The additional capital will also provide flexibility to pursue acquisitions that complement Audinate’s medium-term objectives.
What does Audinate do?
Audinate is a leading provider of professional digital audio networking technologies. The company’s Dante platform d…
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