Bigtincan (ASX:BTH) raises ~$30m via single tranche placement and SPP to fund future inorganic growth initiatives

Henslow is pleased to have acted as Joint Lead Manager to Bigtincan’s capital raising to raise approximately $30m. The raise was conducted as a single tranche placement, followed by a Share Purchase Plan. Funds raised will be put towards executing BTH’s future inorganic growth initiatives outlined in their strategic pipeline.

Bigtincan is a software company that has developed an AI-powered sales enablement automation platform aimed at achieving improved success of sales and customer satisfaction. The mobile platform solution features the industry’s premier user experience that empowers sales representatives to more effectively engage with customers and prospects and encourages team-wide adoption.

The capital raising was well supported from existing BTH shareholders and new investors.

This is the fourth capital raising Henslow has conducted for BTH and we look forward to continuing to support them as they become a global leader in the Sales Enablement industry.