Dubber mulls equity raising at ‘massive’ discount; UCP on the hook
Mar 5, 2024 – 12.10pmWhether Dubber Corp lives or dies is up in the air, with the cloud-based call recording software group weighing a capital raising with the help of Unified Capital Partners.
It is understood a decision has not been made on whether to proceed with the cash call, and that talks were at an early-stage. However, Dubber – which voluntarily suspended trading of its shares last week when it identified an accounting anomaly – would need to raise at a “significant” discount for any deal to get over the line, investor sources said.
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