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Bigtincan Holdings Limited (ASX:BTH)

ALERT: Price-sensitive ASX Announcement for BTH
Current share price for BTH : $0.215 0.01 (4.88%)+
Announcement
Release
28 Feb 2025 5:29PM
Price at Release
$0.205
Full Release
download
Summary
This document serves as a Scheme Booklet for Bigtincan Holdings Limited (BTH), outlining the proposed acquisition of all ordinary shares by Vector BidCo for cash consideration. It details the scheme of arrangement, the company’s business operations in sales enablement software, and regulatory compliance, including how the transaction will unfold under the Corporations Act. Key information relevant to shareholders and optionholders is also included, along with risks, financial considerations, and the implications of the scheme on existing equity incentives.
Key Points
  • Bigtincan Holdings Limited is acquiring 100% of its shares for $0.22 each.
  • The transaction will occur through a scheme of arrangement under the Corporations Act.
  • BTH operates in sales enablement technology, serving over 2,000 clients globally.
  • The company generates revenue through a SaaS model and professional services.
  • BTH's offerings include Content Hub, Learning Hub, and Engagement Hub.
  • The Scheme Booklet was registered with ASIC on 28 February 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.