On 2 Dec 2022 Bigtincan received an unsolicited indicative, conditional and non-binding proposal from SQN to acquire all the shares in BTH for $0.80 per BTH share. It seems Bigtincan is the one that likes do the acquisitions not be the acquisition.
https://www.asx.com.au/asxpdf/20221202/pdf/45jcj4nm595008.pdf
Bigtincan is serial acquirer and capital raising company below is a summary of all its capital raisings and acquisitions since listing on the ASX in March 2017.
Capital Raising Summary – Raised Approx $345.5m since IPO, today it’s market cap as of today closing price of $0.54 is $325m (Dec 2022).
· December 2022 - $35m, Institutional $35m, Retail $5m at $0.60 per share
· August 2021 – A$135.4m, Institutional $79.4m, Retail $56m at $1.05 per share
· December 2020 – Institutional Raise $35m at $1.05m per share
· May 2020 – Raise $42.5m - $35 institution, $7.5m SPP at $0.67 per share
· September 2019 – Raise $20m institution at $0.54 per share
· April 2019 – Raise $15.6m – Institution $12.4m, $3.2m Retail at $0.42 per share
· June 2018 – Institutional Raise $15m at $0.35 per share
· March 2017 Raised $12M at IPO $0.25 per share
Bigtincan Acquisitions Summary
· December 2022 – SalesDirector.ai US$1.2m -leading revenue intelligence and data platform
https://www.asx.com.au/asxpdf/20221228/pdf/45k76z9tjwfcf1.pdf
· October 2022 – Wanted to Acquire LiveTiles (ASX: LVT)
https://www.asx.com.au/asxpdf/20221118/pdf/45hs5hh4h115ml.pdf
· August 2021 – Brainshark A$116m – a leader in sales coaching, learning and readiness based in Massachusetts, USA
https://www.asx.com.au/asxpdf/20210823/pdf/44zl4y0ggcngd6.pdf
· June 2021 – Vidinoti ~$770,000 (550,000 Swiss francs) – leader in augmented and virtual reality systems based in Switzerland.
https://www.asx.com.au/asxpdf/20210617/pdf/44xfxkyjt53jch.pdf
· January 2021 – VoiceVibes US$2.0m – AI-Powered coaching and sales. Guidance to life.
https://www.asx.com.au/asxpdf/20210115/pdf/44rrgjhrqcgpr4.pdf
· December 2020 – ClearSlide US$16.25m – a sales engagement technology platform leader with hundreds of customers across three continents.
https://www.asx.com.au/asxpdf/20201223/pdf/44r80c7nd2fsx6.pdf
· October 2020 – Agnitio upfront Approx A$3.3m (DKK 15m), Approx A$1.65m (DKK 7.5m) defer condition payable based on target revenue – Danish company and pioneer in sales enablement for rthe life science sector.
https://www.asx.com.au/asxpdf/20201008/pdf/44ngl4ybd9pvv3.pdf
· September 2019 – XINN US$4.5m upfront, US$0.5m first anniversary, issue of BTH shares value US$2.5m -based Boston next generation of document automation for sales enablement.
https://www.asx.com.au/asxpdf/20190930/pdf/4490668w54319c.pdf
· September 2019 – Asdeq Labs A$490,000 – Australian software company delivering mobile service enablement out-of-the-box.
https://www.asx.com.au/asxpdf/20190905/pdf/44881kjx8csqc0.pdf
· Septemeber 2018 – FatStax USD$1.8m plus conditional deferred cash consideration of US$1.2m based on annual recurring revenue – a leading provider of SaaS sales enablement software to the manufacturing industry in the USA
https://www.asx.com.au/asxpdf/20180925/pdf/43ylz82jtk6c87.pdf
· June 2018 – Zunos Technologies A$3.25m plus payout of recurring revenue – a leader in engaging mobile, micro-learning and gamification training
https://www.asx.com.au/asxpdf/20180618/pdf/43vv86mz3v4w5w.pdf
Previous held Bigtincan shares years ago but currently do not hold or plan to hold shares. PS I have always thought the name Bigtincan was stupid.
