• Binding commitments secured for $4.0 million capital raise at $0.080 per share
• Placement was upsized and interest scaled back
• Funds raised to provide further enhancements to the Talius Platform and support future working capital requirements

Talius Group Limited (ASX: TAL) has announced that it has successfully received binding commitments for a $4.0 million placement of new fully paid ordinary shares at $0.080 per share. The placement was led by Cygnet Capital and was initially for a minimum of $2.0 million, but the strong demand resulted in the placement being upsized to $4.0 million, with interest scaled back. The placement shares were issued at a 7% discount to the 30-day VWAP and a 1.2% discount to the last closing price. The proceeds from the placement, combined with Talius' existing cash holdings, will support further enhancements to the Talius Platform to enable further scale and growth, as well as support future working capital requirements. The Managing Director, Graham Russell, commented that the strong demand for the placement underscores the growing recognition of Talius' remote care and monitoring platform as a scalable and transformative solution across the healthcare and community care sectors. The placement will allow Talius to focus on the execution of its strategy and pipeline, with a focus on growing its subscription base as the sector embraces the Talius platform.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

The company has stated that the path forward and pipeline ahead looks very positive, and with the new Aged Care Act about to come into effect on 1st November 2025, Aged Care providers are embracing the new funding model, which segments funding for assistive technology only. The demand from the Wesco Anixter partnership continues to grow and is providing opportunities both domestically and internationally. The company believes the future is bright.