MX1 - Retail Offer Booklet
| Stock | Micro-X Ltd (MX1.ASX) |
|---|---|
| Release Time | 13 Feb 2025, 8:29 a.m. |
| Price Sensitive | Yes |
Micro-X Launches Retail Entitlement Offer
- Accelerated non-renounceable pro-rata entitlement offer of 1 New Share for every 10 Shares held
- Issue price of A$0.07 per New Share to raise approximately A$2.7m (before costs)
- Offer opens on 13 February 2025 and closes on 28 February 2025
Micro-X Limited (ASX: MX1) is launching a retail entitlement offer as part of a broader entitlement offer to raise approximately A$2.7 million (before costs). The offer is an accelerated non-renounceable pro-rata entitlement offer of 1 New Share for every 10 Shares held by Eligible Retail Shareholders at the Record Date (7.00pm (Sydney time) on Monday, 10 February 2025) at an issue price of A$0.07 per New Share. The retail entitlement offer opens at 10.00am on Thursday, 13 February 2025 and closes at 5.00 pm (Sydney time) on Friday, 28 February 2025. The entitlement offer is lead managed by Hawkesbury Partners Pty Limited and Morgans Corporate Limited. The retail offer booklet provides important information for eligible retail shareholders, including details on how to accept the entitlement offer. Shareholders are encouraged to read the booklet in its entirety and consult their professional advisers if they have any questions.