Bigtincan Holdings Updates on Investcorp Proposal

Bigtincan Holdings Ltd (AU:BTH) has released an update.

Bigtincan Holdings Ltd has received a communication from Investcorp AI Acquisition Corp. regarding their proposed transaction, which includes a potential cash election facility valued at USD $15 million. The updated exchange rate has slightly increased the implied equity valuation of Bigtincan shares to approximately A$0.50, up from A$0.48, with cash consideration for shareholders also seeing a minor rise. No immediate action is required from shareholders as the cash election facility remains uncertain and subject to further announcements.

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