Bigtincan

Canaccord Genuity acts as Joint Lead Manager, Underwriter and Bookrunner to an underwritten AUD$15.6 million entitlement offer for Bigtincan Holdings Limited

Canaccord Genuity is pleased to announce the completion of an underwritten accelerated non-renounceable pro rata entitlement offer at $0.42 per share, to raise approximately A$15.6 million on behalf of Bigtincan Holdings Limited (“Bigtincan”) (ASX.BTH). Canaccord Genuity acted as Joint Lead Manager, Underwriter and Bookrunner for the transaction, which was heavily oversubscribed by both new and existing institutional shareholders.

The proceeds of the equity raise will be used to expand sales and marketing staff in the USA and UK, pursue technology and product development, and to provide additional working capital.

Bigtincan helps sales and service teams increase win rates and customer satisfaction. The company’s mobile, AI-powered sales enablement automation platform features the industry’s premier user experience that empowers sales representatives to more effectively engage with customers and prospects and encourages team-wide adoption.

The Canaccord Genuity corporate finance deal team was led by Jeremy Dunlop, Carl Henschke, Christian Calabrese and Stefan Collins with significant support provided by our sales and research team led by Alex Unsworth.