- Call recording software company Dubber Corporation (DUB) has raised $35 million to strengthen its balance sheet
- Under the placement, the company issued 31.8 million shares at $1.10 each
- Additionally, Dubber is aiming to raise a further $6 million through a share purchase plan (SPP)
- Under the SPP, eligible shareholders will be able to purchase up to $30,000 worth of new shares for the same price as the placement
- Last month, the company moved its call recording service from an early adopter program to general availability for Telstra customers
- On the market this afternoon, Dubber is down 4.80 per cent and is trading for $1.19 per share
Dubber Corporation: Raises $35M to strengthen balance sheet
