(MENAFN- Investor Brand Network) Roth Canada is pleased to announce its role as exclusive financial advisor to Tiny Ltd. (TSX.V: TINY) on the acquisition of a 66% interest in Serato Audio Research , a leading global audio software company. The transaction, valued at US$66 million plus contingent consideration, consisted of US$23.6 million in Tiny common shares and US$42.4 million in cash , implying a valuation of 3.2x annualized revenue and 9.6x adjusted EBITDA based on the nine months ended Sept. 30, 2024.

In conjunction with the acquisition, Roth Canada also acted as co-lead underwriter on a C$20 million bought deal public offering of 17.4 million subscription receipts at C$1.15 per receipt , and as co-lead placement agent on a C$36.1 million private placement of convertible debentures , bringing the total transaction financing to C$56.1 million . This transaction highlights Roth Canada's ongoing commitment to supporting high-growth technology and digital platform businesses in strategic M&A and capital markets activity.

To view the full press release, visit

About Roth Canada

Roth Canada, Inc., is a Canadian CIRO-regulated Dealer Member, focused on serving emerging growth Canadian companies and their investors. Roth Canada is headquartered in Toronto and maintains offices in Vancouver and Calgary.

For more information on Roth Canada, please visit .

About CurrencyNewsWire

CurrencyNewsWire (“CNW”) is a state-of-the-art digital hub that aggregates and disseminates news and information covering the fast-moving financial markets. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions . CNW covers companies, currencies and events that impact traditional fiat currencies and their market dynamics; cryptocurrencies, blockchain technologies and digital assets; the Federal Reserve's policies and their influence on financial markets; global economic and monetary trends and their far-reaching influence; regulatory changes and their implication; as well as banking, finance, financial innovations, and investment strategies.

CNW is the central platform for understanding the multifaceted world of currencies and finance.

For more information, please visit

Please see full terms of use and disclaimers on the CurrencyNewsWire website applicable to all content provided by CNW, wherever published or re-published: /Disclaimer

CurrencyNewsWire
Austin, Texas

512.354.7000 Office
[email protected]

CurrencyNewsWire is powered by IBN

MENAFN29052025000224011066ID1109612476