Bigtincan Holdings completed the retail component of its 1-for-3 accelerated pro-rata non-renounceable entitlement offer, raising approximately $10.5 million.

Bigtincan received 953 valid applications for retail entitlements, resulting in approximately 42.2 million new shares and generating around $4.2 million.

The remaining 62.9 million new shares, which were not subscribed by eligible retail shareholders, will be allocated to sub-underwriters.

In total, approximately 105.1 million new shares will be issued under the retail entitlement offer.

The new shares are scheduled to be allotted on July 9 and will commence trading on the ASX on a normal settlement basis on July 10.