SHG.ASX: Marin & Sons Placement Complete and Cleansing Statement

Marin & Sons Placement Complete and Cleansing Statement

Stock	Singular Health Group Ltd (SHG.ASX)
Release Time	2 Jun 2025, 8:33 a.m.
Price Sensitive	Yes

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Marin & Sons Placement Complete, Cleansing Statement Issued

Key Points

Singular Health completes $773,000 placement to Marin & Sons
Exercises of 1,025,000 and 152,728 options raise additional $169,022.80
Issues 4,000,000 shares under employee incentive plan

Full Summary

Singular Health Group Ltd (ASX: SHG) has announced the completion of a $773,000 placement to Marin & Sons, issuing 4,831,250 new fully paid ordinary shares at $0.16 per share. The company has also exercised 1,025,000 unlisted options with an exercise price of $0.15, raising $153,750, and a further 152,728 options with an exercise price of $0.10, raising $15,272.80. Additionally, Singular Health has issued 4,000,000 shares under its employee incentive plan in respect of the exercise and conversion of vested performance rights and to consultants for services rendered. The company has provided a cleansing statement under Section 708A(5)(e) of the Corporations Act 2001, confirming its compliance with relevant provisions and the absence of any excluded information.