JAT Price sensitive 10 Dec 2025, 8:45 AM

Entitlement Offer Letter of Offer

Jatcorp Ltd

Jatcorp Ltd Announces Non-renounceable Rights Issue Offer

Key points

  • 1 New Share for every 3 Shares held at $0.15 per New Share
  • Fully underwritten to raise approximately $4.2 million
  • Proceeds to fund working capital, market expansion, and contingency reserves

Full summary

Jatcorp Ltd is offering a non-renounceable rights issue of 1 New Share for every 3 Shares held at an issue price of $0.15 per New Share, to raise approximately $4.2 million (before costs). The Offer is fully underwritten. The proceeds will be used for: (a) Maintaining day-to-day operations, strengthening liquidity, and supporting cash flow needs across the Company's business units; (b) Strengthening the Company's market presence and accelerating revenue growth through marketing initiatives, brand expansion, and strategic alliances; and (c) Maintaining financial flexibility to support the Company's new strategic initiatives and identify future opportunities. Eligible Shareholders may subscribe for their full Entitlement and also apply for Additional Shares through a Top-Up Facility, subject to the Board's discretion. The Directors reserve the right to place any unsubscribed Shares within 3 months of the Offer's close at a price no less than the Issue Price.

Summary generated by a large language model. Please interpret with care.

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