News Articles for Adveritas

Adtech innovator Adveritas has announced plans to issue 75 million ordinary fully paid securities to raise $4.5 million.

Our board moves wrap includes Scott Thompson, Marc Phillips, Renaud Besnard, Peter Himes, Liqun Li, Troy Flannery, Stuart Macnaughton, Michael Spreadborough, Henk Ludik, Ping [Richard] He, Cameron O'Brien, Matthew O'Hara, Stefan Ross, Paul Niardone, Lachlan Reynolds, Nicholas Ong, Natalie Teo, Dermot O'Keefe, Nicholas [Nick] Vickery, David Coyne, Willie Bezuidenhout, Robert Ierace, and Robert Stevenson

Our board moves wrap includes Stephen Belben, Joshua Lowcock, Caigen Wang, Steve Boston, Robin Scrimgeour, Kane Marshall, Gary Jeffery, and Paul Hardie.

Perth tech business Adveritas has confirmed a $51.7 million takeover approach by NASDAQ-listed Integral Ad Science, sending shares in the target up 26 per cent.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Claire Newey has resigned as chief financial officer of DroneShield, but will remain with the company until early 2019 to assist with the transition process.

IMF Bentham announces it is conducting a fully underwritten institutional placement to raise $74.48 million.

Tech Mpire has announced a $2.4 million capital raising to market its TrafficGuard advertising fraud prevention technology.

Aspire Mining has announced the retirement of long-serving non-executive chair David McSweeney.

Galaxy Resources has appointed Xi Xi as non-executive director.

Former Google executive Lee Hunter has been named chief executive of advertising technology company Tech Mpire, succeeding Luke Taylor who will remain with the business in another role.

Two Perth entrepreneurs are looking to clean up in the laundry business with new offerings that bring technology and style to an often thankless household chore.

Saybubble has been named Techboard's highest trending company for this fortnight, following strong international news coverage and social media engagement.

Six Western Australian companies were winners in the 2016 Deloitte tech fast 50 awards, while NSW company Cashrewards took top spot overall.

Carnegie Wave Energy has topped Techboard's startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.

WAIITA Incite startup of the year Family Zone is Techboard's top trending startup for this fortnight, after launching a $4.5 million IPO and capturing significant mindshare as a result.

Local entrepreneur Zhenya Tsvetnenko has tendered his resignation from the boards of listed companies DigitalX and Tech Mpire after being indicted by US prosecutors for participating in a scheme to defraud mobile phone customers.

Shark Mitigation Systems has climbed to the top of Techboard's latest ranking of startup companies, having spent the previous three fortnights at number two.

Shares in Perth-based online advertising business Tech Mpire rallied today on news the company had hit a revenue milestone of $25 million, but it was a different story for former high-flyer 1-Page.

Subiaco-based Lithex Resources will make a second attempt at a backdoor listing, announcing plans to acquire an Israel-based battery technology company in a deal worth $28.7 million.

Brian J Rear has resigned as a director of Horseshoe Metals.

Jonathan Murray has been appointed as a non-executive director of Vietnam Industrial Investments.

SPECIAL REPORT: Funding for WA's tech sector is much healthier than a recent government-backed report concluded, research by Business News has found.

Shares in online advertising business Tech Mpire have continued their steep ascent of the last two weeks, ending the day up 11 per cent after the company announced an 83 per cent increase in monthly revenue for June.

The market appetite for backdoor listings of tech stocks continues unabated, with Magnolia Resources securing $7 million in funding commitments and Potash Minerals becoming the fifth exploration company from Western Australia to head down the tech path this month.

Perth-based biotech company ResApp Health had a steady first day of trade on the ASX today, after being acquired by Narhex Life Sciences in an $11 million backdoor listing.

Online advertising business Tech Mpire has made solid gains on its first day of trading on the ASX, after being acquired by Fortunis Resources in a $3.1 million backdoor listing.