Highlights:
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Linius Media Solutions now proven with global tier-1 clients across most major sports
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New and existing partnerships with industry leaders Prime Focus, Magnifi, and Avid unlock significant scale
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Technology is scalable across the US$75 billion sports broadcasting market
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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
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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
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Linius initiated cost reductions of nearly $1m annually, following completion of its latest product, Captivate
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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
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