Booktopia ends Nash agreement, Traurig to resign, as company looks to raise $8.1m

Monday, 3 July 2023 Books+Publishing

Online book retailer Booktopia is intending to raise approximately $6.5 million via the placement of new shares. The company has also agreed to extend an existing loan facility with AFSG Asset Management Fund for three years, which includes a partial debt-to-equity conversion of $1.6 million. The $8.1 million in total...