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Bigtincan Holdings Faces Suspension Amid Acquisition by Vector Capital

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Bigtincan Holdings Faces Suspension Amid Acquisition by Vector Capital

An update from Bigtincan Holdings Ltd ( (AU:BTH) ) is now available.

Bigtincan Holdings Limited, a company listed on the Australian Securities Exchange (ASX), will have its securities suspended from quotation. This follows the approval of a scheme of arrangement by the Supreme Court of New South Wales, allowing Big Wombat Pty Ltd, an entity owned by Vector Capital Management, to acquire all issued shares and cancel certain options of Bigtincan for cash consideration. This move signifies a significant change in ownership structure, potentially impacting stakeholders and the company’s future operations.

More about Bigtincan Holdings Ltd

YTD Price Performance: 10.0%

Average Trading Volume: 10,295,878

Technical Sentiment Signal: Sell

Current Market Cap: A$176.7M

For a thorough assessment of BTH stock, go to TipRanks’ Stock Analysis page.

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