NEA 0.00% $2.10 nearmap ltd

Ann: Nearmap successfully completes $72.1 million placement, page-13

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    Is the SPP the lower of $2.77 OR the 5 Day VWAP Closing Date of the SPP with a 2.5% discount?

    This means if the 5-Day VWAP as at 5pm on the 5th October Share (SPP Close) is $2.2 then we'll get to buy the shares at $2.2 and if the 5-Day VWAP is $3.2 then we'll get to buy the shares at $2.77

 
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