LatAm Autos not selling assets, raises $7.6 million US

13 Apr 2017
LatAm Autos, whose shares stopped trading on the Australian Securities Exchange (ASX) pending a decision on how best to take the company forward, said it had secured 10 million AUD ($7.6 million U.S.) in fresh capital by issuing convertible notes, underwritten by two directors of LatAm Autos.

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Léo Siqueira

Léo Siqueira joined the AIM Group in 2014 as writer and analyst for Latin America. He is a multimedia journalist based in, but not limited to Campinas, Sao Paulo. Siqueira has been writing, reporting, and consulting for different news outlets and corporations in Brazil and in the US. Siqueira has worked for almost three years as a correspondent in Brazil with ICIS, the world’s largest information provider for the global petrochemical industry, and has been working with other global publishers, such as USA TODAY and His expertise includes general news coverage, online, print and multimedia journalism, and corporate communications as well. In this particular area, he has been working with international clients.