Daily Roundup

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Bailador Technology Investments Sees Soaring Valuations Across Its Portfolio

Bailador Technology Investments (ASX:BTI) is celebrating some impressive gains in its portfolio, with the valuations of two of its key holdings, Updoc and Mosh, seeing significant increases.

The valuation of Updoc has skyrocketed by a remarkable 50%, now standing at $30 million. This substantial jump is a testament to Updoc's exceptional revenue growth and consistent profitability. Bailador's net tangible assets (pre-tax) have also received a healthy boost of $0.068 per share thanks to Updoc's stellar performance.

Not to be outdone, the valuation of Mosh has also seen a substantial 33.3% increase, now valued at $10 million. Mosh's consistent revenue growth and achievement of profitability have been the driving forces behind this impressive valuation jump, further strengthening Bailador's portfolio.

These valuation increases will be reflected in Bailador's upcoming shareholder update, set to be released later today, providing investors with a clear picture of the company's strong performance and the continued growth of its investments.

Structural Monitoring Systems Secures $1.3 Million in Private Placement

In other news, Structural Monitoring Systems Plc (ASX:SMN) has announced a significant private placement, raising approximately $1.337 million. The placement was priced at a 10.64% premium to the company's last closing price, demonstrating the market's confidence in SMN's growth potential.

The funds raised will be put to good use, supporting SMN's continued product development, manufacturing capacity expansion, and general working capital requirements. This strategic move strengthens the company's balance sheet and positions it for further success in the avionics and digital audio markets.

Althea Group Solidifies Multiyear Deal with Boston Beer

In a move that solidifies its position in the cannabis-infused beverage market, Althea Group Holdings (ASX:AGH) has announced an enhanced Contract Manufacturing Agreement with BBCCC, Inc., a subsidiary of The Boston Beer Company.

Under the new agreement, Althea's subsidiary, Peak Processing Solutions, will serve as the exclusive Canadian manufacturing partner for Boston Beer's cannabis beverage brands, including TeaPot and Emerald Hour Cannabis Cocktails, through 2026. This milestone agreement ensures consistent supply and improved cash flow arrangements for Peak, further cementing its leadership in the rapidly growing cannabis-infused beverage segment.