14D.ASX: Return to Trading and Update on Funding Arrangements

Return to Trading and Update on Funding Arrangements

Stock	1414 Degrees Ltd (14D.ASX)
Release Time	25 Sep 2025, 10:05 a.m.
Price Sensitive	Yes

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1414 Degrees Ltd returns to trading, updates funding

Key Points

1414 Degrees' securities to resume trading on 25 September 2025
Company issues 35,725,278 shares to Lind Global Fund II under existing agreement
Remaining 14,274,722 shares subject to shareholder approval at AGM

Full Summary

1414 Degrees Ltd ('1414 Degrees' or 'the Company') has advised that its securities will return to trading on the ASX, effective from the commencement of trading on Thursday, 25 September 2025. The Company has also provided an update on its funding arrangements with US institutional investor Lind Global Fund II, LP, an entity managed by New York-based firm, The Lind Partners (together, 'Lind'). On 22 September 2025, the Company received a share subscription notice from Lind for the issue of 50 million shares pursuant to the terms of the Share Subscription Agreement between Lind and the Company. In compliance with the Agreement, which limits the Company's obligation to issue shares to Lind without first obtaining shareholder approval to 35,725,278 shares, the Company issued this maximum number of shares to Lind on 24 September 2025. The issue of the remaining 14,274,722 shares will be subject to approval by the Company's shareholders at the Annual General Meeting to be held on 19 November 2025.