Being AI reveals Solution Dynamics offer due to capital raise
Being AI’s share price has fallen on the news, while Solution Dynamics has gone into a trading halt.
Being AI had a backdoor listing onto the NZX this year.
Being AI’s legal advice was that it had to reveal to the market its interest in making a takeover offer to listed company Solution Dynamics because it had also launched a $5.6 million capital raise.
Being AI chair Sean Joyce told shareholders at the listed company’s annual meeting in Auckland
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