Article source: 1Spatial

1Spatial plc (AIM:SPA), the Spatial Big Data Company, announces today that the Company has conditionally raised £18 million (before expenses) through the Placing of 300,000,000 new Ordinary Shares at the Placing Price of 6p per share with certain institutional investors, in accordance with the terms set out in the Circular to be published by the Company and posted to shareholders today (the “Circular”).

The net proceeds of the Placing will be used to finance the aggregate consideration for the Acquisition of Star-Apic, provide additional working capital for the Enlarged Group, open a sales and support centre in the Middle East and provide funds for product development, marketing and further potential acquisition opportunities.

The Placing Shares when issued will rank pari passu with the Existing Ordinary Shares and will, following Admission, rank in full for any dividends and distributions paid or made thereafter in respect of the Ordinary Shares.

Esri’s interactive map is available for the media to embed or share as part of ongoing tornado and severe weather coverage. View the tornado’s path and damage radius, schools in the area, and where the general public can dropoff relief supplies. You can also explore geotagged social media from Twitter, YouTube, and Flickr overlaid on 2012 population density data.

For those who did not get a chance to attend the Esri Geodesign Summit 2013 in Redlands, Calif. or who didn’t get to all of the sessions they would’ve liked to attend, here are a number of videos taken at the Summit of various talks.

Esri Geodesign Summit 2013 videos

If you missed GISCafe Voice’s coverage of that conference it is available in these blogs:

Geodesign Summit 2013 – Day One

Geodesign Summit 2013 – Day Two