23 November 2017
Australian Securities Exchange (ASX) Announcement
- Sensera raises $7.0 million via placement at $0.30 per share
- Placement supported by new and existing sophisticated investors and institutions
- Capital raising positions Sensera to successfully deliver into its rapidly expanding presence in the Animal Health, Mine Safety, Healthcare and Military verticals, and to push harder into a strong pipeline of attractive potential customers
Sensera Limited (ASX: SE1, “Sensera” or “the Company”), a leading designer and manufacturer of endto-end sensor solutions and services for the rapidly-growing Internet of Things (IoT) market, is pleased to advise that it has received binding commitments to raise $7.0 million (before costs) in a placement of 23,333,333 shares to sophisticated and institutional investors at $0.30 per share.