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Becketts advises Global Health on $7.8 million capital raising
Equity Capital Markets and Securities

Becketts advises Global Health on $7.8 million capital raising

By June 25, 2021July 2nd, 2021No Comments

Becketts Lawyers is acting for Global Health Limited (ASX:GLH) on its two-tranche placement and attaching option offer, which will raise a total of $7.8 million.

Global Health is a leading provider of digital health solutions to the Australasian healthcare industry, focused on “connecting clinicians and consumers” through innovation, consumer-centricity and connectivity.

The capital raising is being undertaken to fund an increased sales focus in Victoria and an expansion into the broader Australian market, together with an increased services delivery capacity and upgrading customers to SaaS subscriptions.

Bell Potter Securities Limited and Baker Young Limited are acting as Joint Lead Managers on the capital raising.

The Becketts team is being led by Nick Golding, supported by Rob Feiner, Peter Clay and Yasmin Mitchell.

Nick Golding said “We are delighted to assist Global Health on this capital raising, which will support the Company’s market development and growth initiatives. It is always a pleasure to work with Global Health’s executive team and board of directors.”