Outdoor company XTD completes $3m float

Australian-based outdoor advertising company XTD has completed a $3m initial public offering.

The release:

The Directors of XTD Limited are pleased to advise that the Prospectus Offer dated 4 November, 2014 has been fully subscribed at $3,000,000.

Australian—based XTD offers the world’s first, designed for rail, cross-track video system that uses billboard-size LED television screens accompanied by high definition sound to broadcast advertising and information to train commuters. The system operates in both underground and above ground locations.

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