Bigtincan Holdings Ltd (AU:BTH) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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.
For further insights into AU:BTH stock, check out TipRanks’ Stock Analysis page.