Share Purchase Plan Offer Booklet

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Stock 4DMEDICAL Ltd (4DX.ASX)
Release Time 25 Feb 2025, 9:05 a.m.
Price Sensitive Yes
 4DMedical Announces Share Purchase Plan Offer
Key Points
  • Eligible shareholders can apply for up to $30,000 worth of new shares
  • Offer price is lower of $0.425 or 2.5% discount to 5-day VWAP
  • SPP fully underwritten for $7 million by Bell Potter Securities
Full Summary

4DMedical Limited is pleased to present to Eligible Shareholders the opportunity to increase their investment in the company through an offer of fully paid ordinary shares under a Share Purchase Plan (SPP). The SPP allows Eligible Shareholders to apply for new shares on the same terms as the company's recent $7 million share placement to professional, institutional and sophisticated investors. The offer price will be the lower of $0.425 per share (the same as the placement price) or a 2.5% discount to the 5-day volume weighted average price up to and including the SPP closing date. Eligible Shareholders can apply for a minimum of $1,000 worth of new shares and up to a maximum of $30,000, with the SPP fully underwritten by Bell Potter Securities Limited. In the event of oversubscription, the company may scale back allocations at its discretion. Participants in the SPP will also be invited to apply for free attaching options, with each new option entitling the holder to one 4DMedical share and one piggyback option upon exercise. The offer of the new options and piggyback options will be made under a separate prospectus, subject to shareholder approval at the company's upcoming Extraordinary General Meeting.