One Click Secures Commitments for $1.25m Placement

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Stock One Click Group Ltd (1CG.ASX)
Release Time 7 Oct 2025, 8:51 a.m.
Price Sensitive Yes
 One Click Secures $1.25m Placement
Key Points
  • One Click receives $1.25m in placement commitments
  • Thorney Investment Group to become substantial shareholder
  • Funds to accelerate rollout of Cash Advance product
Full Summary

One Click Group Limited (ASX:1CG) has received firm commitments to raise $1,250,000 through a placement of 125 million shares at $0.01 per share to sophisticated and institutional investors. The placement is expected to be completed by 10 October 2025. The funds will be used to continue executing the company's growth strategy, including accelerated rollout of the new Little Money Cash Advance product and working capital. As part of the placement, Thorney Investment Group and its associates will become a substantial shareholder in the company. Managing Director Mark Waller commented that the company is pleased to welcome Thorney Investment Group and is excited about the opportunity to grow the business through the Cash Advance product, which has seen increased activity since its launch on 30 June 2025.

Guidance

The company intends to use the $1.25 million in placement proceeds to accelerate the rollout of its Little Money Cash Advance product and for working capital.