Ann: Enlitic Series B Funding Round US$10M First Close, page-4

"Though Enlitic has called an initial close of their Series B so as to deploy the first US$10m, they expect to fully close the round with US$15m before the end of the year. Capitol is now in the process of determining a fair value of Enlitic post transaction, and as noted in its 2018 Annual Report, will recognise these changes in its 1HFY19 accounts following a full close of Enlitic’s Series B. On the basis that Enlitic raises no further funds this round, Capitol’s ownership in Enlitic will be 12.6% on a fully diluted basis and Capitol will continue to maintain one board seat.