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SENSEN NETWORKS LIMITED — Capital/Financing Update 2021
Nov 4, 2021
65829_rns_2021-11-04_e84d191a-236e-4996-bee8-300ba398941e.pdf
Capital/Financing Update
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Market Announcement
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5 November 2021
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SenSen Networks Limited (ASX: SNS) – Trading Halt
Description
The securities of SenSen Networks Limited (‘SNS’) will be placed in trading halt at the request of SNS, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 9 November 2021 or when the announcement is released to the market.
Issued by
Ramona Seeto
Adviser, Listings Compliance (Sydney)
Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au
5 November 2021 ASX Limited
ASX Release
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5 November 2021
Ramona Seeto, ASX Compliance Pty Limited 20 Bridge Street Sydney NSW 2000
Email: [email protected]
Dear Ramona,
SENSEN NETWORKS LIMITED (ASX: SNS) – REQUEST FOR TRADING HALT
Pursuant to ASX Listing Rule 17.1, SenSen Networks Ltd ACN 121 257 412 ( Company ) requests that a trading halt be granted by the ASX in respect of the Company’s securities with effect from the commencement of trading on Friday, 5 November 2021.
In accordance with ASX Listing Rule 17.1, the Company advises:
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the trading halt is requested to allow the Company to finalise the terms of a proposed equity raising by way of share placement and share purchase plan ( Capital Raising ) while ensuring that the market does not trade on an uninformed basis;
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SenSen requests that the trading halt remain in place until the earlier of the following:
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a. the Company has released an announcement of the Capital Raising referred to above; and
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b. before market opens on Tuesday, 9 November 2021; and
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the Company is not aware of any reason why the trading halt should not be granted, nor of any other information necessary to inform the market about the trading halt.
Yours sincerely
David Smith Executive Director & Company Secretary SenSen Networks Limited
For further information, please contact:
Investor contacts: Media contacts: Citadel-MAGNUS Citadel-MAGNUS Vanessa Beresford James Strong [email protected] [email protected] Helen McCombie SenSen Networks [email protected]
SenSen Networks David Smith Executive Director and Company Secretary Email: [email protected]
SenSen Networks Limited ACN 121 257 412 www.sensen.ai +61 (0)3 9417 5368
Melbourne: Level 1, 9 Harper Street, Abbotsford VIC 3067 Sydney: 3 Spring Street, Sydney NSW 2000
Las Vegas: Office #8, International Innovation Center, 300 South 4[th] St, Suite 180, Las Vegas NV 89101
ASX Release
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About SenSen Networks Limited
SenSen Networks Limited (ASX:SNS; OTCQB:SNNSF) is a leading Sensor AI Data enterprise working with people, places and data to solve problems once thought technically impossible. The company’s patented network approach enables SenSen to offer customised, real-time and batch processing of data alongside SaaS solutions.
The Company’s technology fuses complex video and sensor datasets at high speeds across multiple networks to assess and inform strategic actions to its customers across its enterprise verticals: Smart Cities, Casinos, Retail, Smart Surveillance and Emerging Solutions. SenSen has clients on four continents and can be found in Australia, New Zealand, Singapore, USA, Canada, India and UAE.
Disclaimer – forward-looking statements
This release may contain forward-looking statements. These statements are based upon management’s current expectations, estimates, projections and beliefs in regards to future events in respect to SenSen's business and the industry in which it operates. These forward-looking statements are provided as a general guide and should not be relied upon as an indication or guarantee of future performance. The bases for these statements are subjected to risk and uncertainties that might be out of control of SenSen Networks Limited and may cause actual results to differ from the release. SenSen Networks Limited takes no responsibility to make changes to these statements to reflect change of events or circumstances after the release.
Las Vegas: Office #8, International Innovation Center, 300 South 4[th] St, Suite 180, Las Vegas NV 89101
SenSen Networks Limited ACN 121 257 412 www.sensen.ai +61 (0)3 9417 5368
Melbourne: Level 1, 9 Harper Street, Abbotsford VIC 3067 Sydney: 3 Spring Street, Sydney NSW 2000