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ATOMOS LIMITED — Capital/Financing Update 2022
Nov 20, 2022
64380_rns_2022-11-20_0674a675-284c-4784-87c2-7e20563cdd59.pdf
Capital/Financing Update
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ATOMOS LIMITED (ASX:AMS) 700 SWANSTON STREET CARLTON VIC 3053 ACN: 139 730 500
ASX Announcement
21 November 2022
Results of Retail Entitlement Offer
Atomos Limited ACN 139 730 500 ( Atomos or the Company ) (ASX: AMS) is pleased to announce the successful completion of the retail component of the 4 for 7 pro-rata accelerated non-renounceable entitlement offer ( Retail Entitlement Offer ). Completion of the Retail Entitlement Offer represents the second stage of the Company’s capital raising, comprising a placement and institutional and retail component ( Entitlement Offer ), announced on 18 October 2022. The placement and institutional component of the Entitlement Offer completed on 25 October 2022 and raised $8.5 million.
The Retail Entitlement Offer closed on 15 November 2022 (as extended by the Company on 7 November 2022) and raised $3,967,093. The Retail Entitlement Offer was offered to all eligible retail securityholders, and the Company received valid applications for 39,670,929 shares from eligible securityholders under the Retail Entitlement Offer.
The Entitlement Offer was fully underwritten by Morgans Corporate Limited and Shaw and Partners Limited ( Joint Lead Managers ) pursuant to the Underwriting Agreement dated 18 October 2022 between the Company and the Joint Lead Managers, details of which were disclosed in the investor presentation released on the ASX announcement platform on 18 October 2022. Following the close of the Retail Entitlement Offer, there was a shortfall under the Entitlement Offer of approximately A$5,483,443 million (approximately 54,834,426 shares) arising from rights not taken up by eligible securityholders.
Shares under the Retail Entitlement Offer are expected to be allotted and commence trading on the ASX on 22 November 2022.
Authorised for ASX release by the Chief Executive Officer.
--ENDS--
For further information please contact:
Trevor Elbourne James Cody Chief Executive Officer Chief Financial Officer +61 448 134 635 +61 407 048 514 [email protected] [email protected]
[9094385:35662926_1]
Atomos’ Interactive Investor Hub ,
Our investor hub is an interactive location to engage with the Atomos team on our announcements and updates. Please go to the Atomos Investor Hub for all market announcements and other news https://announcements.atomos.com.
We welcome investors to ask questions and add comments to which our team can respond where possible.
About Atomos:
Atomos is a global video technology company delivering award-winning, simple to use monitor-recorder content creation products. These products give content creators across the rapidly growing social, pro-video and entertainment markets a faster, higher quality and more affordable production system.
Atomos’ range of products take images directly from the sensor of all major camera manufacturers, then enhance, record and distribute them in high-quality formats for content creation using the major video editing software programs. Since being founded in 2010, Atomos has established strategic relationships with key technology providers within the ecosystem including Apple, Adobe, Sony, Canon, Panasonic, Nikon and JVC Kenwood.
Atomos is based in Australia with offices in the USA, UK, Germany, China and Japan and has a worldwide distribution partner network.
For more information, please visit www.atomos.com
Forward-Looking Statements:
Certain statements made in this release are forward-looking statements and are based on Atomos’ current expectations, estimates and projections. Words such as “anticipates” “expects” “estimates” “forecasts” and similar expressions are intended to identify forwardlooking statements. Although Atomos believes the forward-looking statements are based on reasonable assumptions, they are subject to certain risks and uncertainties, some of which are beyond Atomos’ control. As a result, actual results could materially differ from those expressed or forecasted in the forward-looking statements. The forward-looking statements made in this release relate only to events as of the date on which the statements are made. Atomos will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances or unanticipated events occurring after the date of this release except as required by law or by any appropriate regulatory authority.
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