Category: Australian Exchange

Bigtincan Holdings Limited (ASX: BTH) has announced its agreement with Investcorp AI Acquisition Corp. (IAAC) to list Bigtincan’s business on the Nasdaq. This transaction involves forming a new company, Bigtincan Limited, based in the Cayman Islands. Key Details of the Deal Strategic Comments Harsh Shethia, a veteran at Investcorp, stated that this transaction not only benefits Bigtincan’s shareholders but also its customers, employees, and partners. It positions Bigtincan as a leader in AI-powered sales enablement, showcasing Australia’s strengths in AI innovation. Transaction Mechanics The agreement involves merging IAAC with BTH Merger Sub Limited, a wholly-owned subsidiary of Bigtincan Limited, with the latter continuing as the surviving company. Bigtincan shareholders will exchange their shares for those in Bigtincan Limited or opt for cash if available. Company Overview Bigtincan is a global leader in sales enablement and engagement, offering tools for Sales Content Management, Sales Readiness, and Sales Engagement. The company operates in over 50 countries and services more than 100 Fortune 500 companies. Investcorp, a global investment manager, specializes in private equity, real assets, and credit. With a presence in 14 offices globally and around $53 billion in assets under management, Investcorp plans to integrate Bigtincan into its AI investment strategy, enhancing its global footprint. This transaction, if completed, will mark a significant milestone for Bigtincan, positioning it for substantial growth and innovation in the AI and enterprise software space. Bigtincan acquires revenue intelligence and data platform provider, SalesDirector.ai...

SYDNEY: Swoop Holdings (ASX:SWP) has announce its intention to make an off-market takeover offer to acquire all of the ordinary shares of Vonex Limited (ASX:VN8)that...

PERTH: Lycopodium Limited has entered into a Heads of Agreement to acquire a majority interest in SAXUM, an Argentinian headquartered engineering company. Under the terms...

LONDON: Woodside Energy has reviewed its current listing structure and decided to delist from the London Stock Exchange (LSE). Woodside shares represented by depositary interests...

WELLINGTON: KMD Brands Limited announced that Brooke Farris has given notice of her resignation as Rip Curl brand CEO. KMD Brands Group CEO Michael Daly...

SYDNEY: Nanoveu Limited (ASX: NVU) has reached an agreement to acquire 100% of the fully paid ordinary shares in Embedded A.I. Systems Pte. Ltd (EMASS),...

SYDNEY: Panther Metals (LSE:PALM) the company focused on mineral exploration in Canada, announced the disposal of its entire shareholding comprising 18.2 million shares in Australian...

SYDNEY: ARC Funds Limited (ASX:ARC) has executed a binding agreement with ausbiz Group Pty Ltd to acquire a minority 30% equity interest in ausbiz Capital...

SYDNEY: The Codan Group (ASX:CDA), through a wholly owned subsidiary Codan US Inc., has entered into a binding agreement to acquire 100% of US-based organisation...

LONDON: Boab Metals Limited (ASX: BML) has executed an option agreement with joint venture partner Henan Yuguang Gold & Lead Co. Ltd to acquire their...

MELBOURNE: Telix Pharmaceuticals Limited (ASX: TLX) has signed an agreement to acquire RLS (USA) Inc., from its parent company, RLS Group Ltd. The acquisition significantly...

SYDNEY: Johns Lyng Group (ASX: JLG) announced the acquisition of an 87.5% controlling equity interest in Queensland-based Keystone Group – one of Australia’s leading Insurance...