The buyers of the BranchOut App have some news, 2 new strategic parties and lots of money to develop their platforms:
Cloud-based talent acquisition platform 1-Page Limited (1PG: ASX) announced that it has raised AUD 9.63 million (USD 7.5 million) through the issue of 9,000,000 shares at AUD 1.07 (USD 0.83) per share to two strategic long-term parties.
The issue price represents a 4% premium to the 30-day volume weighted average price. The issue was completed under the Company’s existing 15% capacity.
The two parties’ identities have remained confidential for commercial and competitive reasons.
They approached 1-Page with a proposal to acquire a strategic interest given their deep understanding of the applicability of cloud-based software platforms to the recruitment sector globally.
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