Successful Completion $20M Placement

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Stock Decidr AI Industiries Ltd (DAI.ASX)
Release Time 22 Sep 2025, 9:18 a.m.
Price Sensitive Yes
 Decidr AI Industries Completes $20M Placement
Key Points
  • Raised $20 million through a placement of 22,222,223 new shares
  • Placement priced at $0.90 per share, representing a 4.3% discount to last close
  • Proceeds to fund working capital, customer base expansion, and international growth
Full Summary

Decidr AI Industries Ltd (ASX: DAI) has announced the successful completion of a $20 million placement. The company has received binding commitments for the placement, which involves the issue of 22,222,223 new, fully paid ordinary shares. This represents 10.7% of the company's existing shares on issue, resulting in a 9.7% dilution post-placement. The placement shares were issued at $0.90 per share, representing a 4.3% discount to the last close, a 1.5% premium on the 10-day VWAP, and a 27.6% premium to the 30-day VWAP. The proceeds from the equity raise will be used to fund working capital to accelerate existing deployments, expand the existing customer base, provide growth capital to acquire new partners, pre-board businesses, and further develop DecidrOS and expand into international markets. The placement was supported predominantly by existing and new institutional investors, with Morgans Corporate Limited acting as the sole lead manager and bookrunner. Decidr's Executive Chairman, David Brudenell, stated that the strong support from institutional investors will allow the company to accelerate its global growth and fast-track the creation of the Agentic Graph, which is the foundation of its AI-native organizations.

Outlook

The successful completion of the $20 million placement will allow Decidr AI Industries to accelerate its global growth and fast-track the development of its Agentic Graph technology, which is the foundation of its AI-native organizations. This will enable the company to expand its existing customer base, acquire new partners, and further develop its DecidrOS platform to drive international expansion.