AI assistant
ATOMOS LIMITED — Capital/Financing Update 2022
Nov 6, 2022
64380_rns_2022-11-06_4297cce5-11e4-4e5c-a7a8-579ed83467e8.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
ATOMOS LIMITED (ASX:AMS) 700 SWANSTON STREET CARLTON VIC 3053 ACN: 139 730 500
ASX Announcement
7 November 2022
Retail Entitlement Offer Extension
Atomos Limited (‘ ASX:AMS ’, ‘ Atomos ’ or the ‘ Company ’) announces an extension to its Retail Entitlement Offer, which was due to close on 8 November 2022. It has come to the attention of the Board of Directors that a significant proportion of investors have not yet received the Retail Offer Booklet through the postal service. In order to provide our investors with the opportunity to participate in the Retail Entitlement Offer, Atomos has extended the offer period to 15 November 2022.
For further information regarding the Retail Entitlement Offer, please visit our website at https://nreo.atomos.com.
Retail Entitlement Offer
The Retail Entitlement Offer has been fully underwritten and will raise approximately A$9.45 million. The Retail Entitlement Offer has been extended and will close on 15 November 2022.
Eligible retail shareholders with a registered address in Australia, New Zealand or the United Kingdom on the Record Date of 7.00pm (AEST), Thursday 20 October 2022, have the opportunity to invest in New Shares at the Offer Price, on the terms and conditions outlined in the Retail Offer Booklet or at our website https://nreo.atomos.com/apply.
Please note that retail shareholders with a registered address outside Australia, New Zealand and the United Kingdom on the Record Date are ineligible to participate in the Retail Entitlement Offer. However, a nominee (approved by ASIC) will be appointed to sell the Shares to which such shareholders would have been entitled and pay the net proceeds (over the Offer Price) to such shareholders. Further details as to eligibility will be set out in the Retail Offer Booklet or the following link https://nreo.atomos.com/faq.
Under the Retail Entitlement Offer, eligible retail shareholders that take up their full Entitlement may also apply for additional new Shares in excess of their Entitlement.
Timetable
New Shares issued under the Retail Entitlement Offer will rank equally with existing Atomos shares and are expected to settle on Tuesday, 22 November 2022 and to be issued and commence trading the following business day, Wednesday 23 November 2022.
The proposed Offer timetable is as follows:
| Date (AEST) | Event |
|---|---|
| 15 November 2022 | Retail Entitlement Offer closes |
[9094385:35371301_1]
| Date (AEST) | Event |
|---|---|
| 22 November 2022 | Company announces results of Retail Entitlement Offer |
| 22 November 2022 | Allotment and issue of Shares under the Retail Entitlement Offer |
| 23 November 2022 | Trading commences on a normal basis for Shares issued under the Retail Entitlement Offer |
The timetable (and each reference in this announcement to a date specified in the timetable) is indicative only and Atomos may, at its discretion, vary any of the above dates by lodging a revised timetable with the ASX.
All times referred to in this announcement are AEDT.
Further Information
Further details of the Retail Entitlement Offer are set out in the Retail Offer Booklet, which was released to the ASX and available on the Company’s website (https://nreo.atomos.com).
The Offer is fully underwritten by Morgans Corporate Limited and Shaw and Partners Limited. Maddocks are acting as legal advisers to Atomos.
Authorised for ASX release by the Atomos Board of Directors.
--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]
Important information
This announcement may not be distributed or released in the United States or to US persons.
The New Shares to be offered have not been, and will not be, registered under the US Securities Act of 1933, as amended (US Securities Act), or the securities laws of any state or other jurisdiction of the United States. Accordingly, the New Shares to be offered and sold in the Placement may not be offered or sold, directly or indirectly, in the United States, unless they are offered or sold in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act and any other applicable US state securities laws. In addition, the New Shares to be offered and sold may not be
[9094385:35371301_1]
offered or sold, directly or indirectly, in the United States or any person that is acting for the account or benefit of a person in the United States.
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.
[9094385:35371301_1]