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AUDINATE GROUP LIMITED — Capital/Financing Update 2023
Mar 12, 2023
64298_rns_2023-03-12_ab6cca4e-d620-4587-b335-47a6edf03782.pdf
Capital/Financing Update
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Level 7, 64 Kippax St. Surry Hills NSW 2010 Australia
ASX announcement
13 March 2023
No known exposure to Silicon Valley Bank (SVB)
Audinate Group Limited (ASX:AD8), developer of the professional AV-industry-leading Dante® media networking solution, provides the following response to enquiries about SVB.
Audinate has no banking facilities (either deposits or investments) with SVB and has no other known exposure to SVB.
Authorisation : This announcement was authorised by the Chairman
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Investor and media enquiries:
Rob Goss CFO & Company Secretary P: +61 2 8090 1000
For more information on Audinate, please visit:
Investor Centre – investor.audinate.com Website – www.audinate.com
About Audinate Group Limited
Audinate Group Ltd (ASX: AD8) was founded with a vision to pioneer the future of AV. Audinate's award-winning Dante IP networking solution is the worldwide leader and is used extensively in the professional live sound, commercial installation, broadcast, public address, and recording industries. Dante replaces traditional analogue cables by transmitting perfectly synchronised AV signals across large distances to multiple locations at once, using nothing more than an Ethernet cable. Audinate is headquartered in Australia and has regional offices in the United States, United Kingdom, Belgium, and Hong Kong. Dante technology powers products are available from hundreds of leading audio and video partners worldwide. The Company's ordinary shares are traded on the Australian Securities Exchange (ASX) under the ticker code AD8.
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