Media Releases › Linius Technologies

Highlights:

• Linius Media Solutions now proven with global tier-1 clients across most major sports
• New and existing partnerships with industry leaders Prime Focus, Magnifi, and Avid unlock significant scale
• Technology is scalable across the US$75 billion sports broadcasting market
• As a result the Company has secured $1.5 million in funding (before costs) via an equity placement from professional and sophisticated investors and commitments under a convertible note facility, partly subject to shareholder approvals
• Linius has also entered into a $1.5 million standby equity facility with Eli Capital that provides the Company with full control over the facility and flexibility in strengthening its balance sheet as part of its funding strategy
• Linius initiated cost reductions of nearly $1m annually, following completion of its latest product, Captivate
• Proceeds from the capital raising, combined with new products, partnerships, and a reduced cost base will accelerate Linius’ growth towards cashflow break-even in early FY26