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Terms blasted for Audinate raising – The Australian Financial Review
Listed audio technology outfit Audinate has pressed go on a $28 million placement.
Listed audio technology outfit Audinate has pressed go on a $28 million placement to invest in R&D and engineering, as well as for balance sheet strengthening to get through the pandemic.
Audinate launched a capital raising on Wednesday morning. Peter Braig
The fully underwritten placement first flagged by this column on Tuesday night launched on Wednesday morning with the help of joint lead managers Canaccord Genuity and UBS.
The offer was priced at $5.15 a share, which represented a 9….
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