M7T mach7 technologies limited
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News: M7T Mach7 Technologies Says To Acquire Client Outlook Group

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    10/06/20
    11:20
    Post #: 45132063

    June 10 (Reuters) - Mach7 Technologies Ltd (M7T) :

    • TO ACQUIRE CLIENT OUTLOOK GROUP AND LAUNCH CAPITAL RAISING
    • ACQUIRING CLIENT OUTLOOK FOR CA$38.5M ALL CASH
    • TO FUND ACQUISITION VIA ENTITLEMENT OFFER AND PLACEMENT TO RAISE A$34.8 MILLION
    • ACQUISITION INCREASES CONTRACTED ANNUAL RECURRING REVENUES BY 70% TO $14.75 MILLION
    • PLACEMENT, ENTITLEMENT OFFER TO BE ISSUED AT $0.68 PER SHARE
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-0.005(1.69%) 		Mkt cap ! $68.14M
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29.5¢ 29.5¢ 28.8¢ $38.14K 131.1K

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