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OtherLevels looks to raise $5m to strengthen sales capabilities

19th February 2016 7:17 am GMT

Australian digital marketing solutions provider OtherLevels is looking to raise AUD$5m from institutional investors and an entitlement offer for existing shareholders as it looks to strengthen its sales capabilities to grow the business.

The company has received commitments for a placement at $0.08 per share to institutional and sophisticated investors to raise $800,000, and will undertake a one for three non-reounceable entitlement offer to raise an additional $4.8m at the same offer price.

The offer [...]

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