Adtech play Engage:BDR poised to deliver strong revenue growth
Finfeed
Archived
Jan 30, 2019
Diversified media group, engage:BDR (ASX:EN1), has amended its convertible securities agreement with CST Investment Fund to provide for raising up to US$5.8 million ($7 million) on top of the US$750,000 already raised. The revised terms provide immediate funding of an additional US$800,000, which would immediately increase EN1’s revenue through additional publisher payments for incremental revenue growth.