The Telstra and Telkom-backed enterprise messaging software provider priced its shares at the foot of the IPO's range but is in line to raise $32.5m when it floats next month.

Whispir, the Australia-based messaging software provider backed by telecommunications firms Telkom and Telstra, will raise A$47m ($32.5m) in its initial public offering, Australian Financial Review has reported. The company priced its shares at A$16 each, at the bottom end of the offering’s A$16 to A$21 range, and is set to float on June 2019 with…

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