SPT 3.28% $1.42 splitit payments ltd

News: SPT Splitit To Raise A$90 Mln Via Institutional Placement

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    Aug 5 (Reuters) - Splitit Ltd (SPT) :

    • RECEIVES FIRM COMMITMENTS FOR A$90 MILLION INSTITUTIONAL PLACEMENT
    • RECORD GROWTH CONTINUES WITH Q2 FY20 MSV UP 260% YOY
    • CORNERSTONE INVESTOR WOODSON CAPITAL BECOMES SUBSTANTIAL SHAREHOLDER
    • PLACEMENT THROUGH ISSUE OF ABOUT 69.2 MILLION NEW SHARES AT $1.30 PER SHARE
    • ANNOUNCES NON-UNDERWRITTEN SHARE PURCHASE PLAN TO RAISE UP TO A$10 MILLION
 
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