Ann: Trading Halt, page-10

ASX-listed Bigtincan Holdings is seeking to raise $20 million to help fund its offer for another software company based in the United States.Brokers EL&C Baillieu and Canaccord Genuity were pitching the deal to fund managers on Thursday.The brokers were offering 37 million new shares at 54¢ each to raise $20 million.The deal was priced at a 10 per cent discount to the last close and a 10 per cent discount to the five-day VWAP, according to terms sent to potential buyers.Proceeds were to acquire Boston-based Xinnovation Inc, which investors were told was a cloud software company operating in the financial services segment.The raising was accompanied by a selldown of another 6 million shares in the company.