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 price of $0.08 per share [...]
