Senetas completed its one-for-4.86 non-renounceable pro-rata rights offer.
The offer, open to eligible shareholders in Australia and New Zealand, allowed them to acquire one new ordinary share at $0.014 for every 4.86 ordinary shares held, accompanied by one free attaching option for every three subscribed new shares.
The offer closed on Dec. 15, raising approximately $3.5 million. All 159.6 million new shares from the shortfall have been issued, with trading on the ASX expected to commence on Jan. 2, 2024.
The total amount raised, including the placement, is $5 million.