Ambertech Limited (ASX:AMO) Raises $4.7m via Placement
Henslow is pleased to have acted as Lead Manager to the $4.7m equity capital raising for Ambertech Limited (ASX:AMO) via a Placement. The Placement was strongly supported by domestic institutional and sophisticated investors.
The capital raised will be used to fund Ambertech’s acquisition of Noise Toys Imports MI, as well as another well progressed acquisition within Ambertech’s existing markets. Funds will also be used to pay down debt and future potential acquisition opportunities.
This is the first capital raising that Henslow has undertaken for AMO and we look forward to supporting the Company as they further establish themselves as a leading value-added distributor of high technology audio visual (AV) and communication solutions.
Henslow brings a unique combination of corporate advisory capabilities in private capital, and public ECM, broking and advisory. This transaction adds to Henslow’s strong track record of successful capital raisings in the technology sector.