CYB.ASX: Results of Entitlement Offer

Results of Entitlement Offer

Stock	CYB.ASX (CYB.ASX)
Release Time	15 Apr 2025, 9:22 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

AUCyber Limited Completes Oversubscribed Entitlement Offer

Key Points

Entitlement Offer closed with 93.74% take-up
Additional Shortfall Shares accepted, raising a total of $2.75m
New Shares and Shortfall Shares issued, trading to commence on 16 April 2025

Full Summary

AUCyber Limited (ASX: CYB) has announced the results of its renounceable rights issue (Entitlement Offer) of new fully paid ordinary shares. The Entitlement Offer, which was announced on 20 March 2025, closed oversubscribed on 8 April 2025. Eligible Shareholders applied for 42,965,424 new shares, representing a take-up of 93.74%. In addition, Eligible Shareholders were offered the opportunity to apply for Shortfall Shares in excess of their entitlement, and when combined with the Shortfall Offer, valid applications totaled over $3.1 million. The Company scaled back the Shortfall Offer on a pro-rata basis to meet the target raise amount of $2.75 million. A total of 45,833,333 New Shares and Shortfall Shares have been issued, and normal trading is expected to commence on 16 April 2025.