Environmental intelligence software-as-a-service company Envirosuite is raising $10.5 million from institutional investors to support the growth of its water treatment technology platform.
Priced at 20¢ per share, the offer comes at an 11.1 per cent discount to the last close price.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com