Entitlement Offer Letter of Offer
| Stock | Jatcorp Ltd (JAT.ASX) |
|---|---|
| Release Time | 10 Dec 2025, 8:45 a.m. |
| Price Sensitive | Yes |
Jatcorp Ltd Announces Non-renounceable Rights Issue Offer
- 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
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.