• Firm commitments received to raise A$1.5 million via a share placement
• Funds will be used for Quixxi Clarity AI integration, commercial expansion, and product enhancement
• Strategic entry into Global AI Governance & Risk Management Market through Quixxi acquisition

WhiteHawk Limited (ASX: WHK) has announced that it has secured firm commitments to raise A$1.5 million (before costs) through a placement of new fully paid ordinary shares at $0.007 per share to sophisticated and professional investors, with a 1 for 2 free attaching option. The placement will result in the issue of 214,285,714 shares, with 107,142,857 free attaching options subject to shareholder approval. Funds raised from the placement will be applied towards Quixxi Clarity AI integration, commercial expansion and revenue growth, product enhancement and AI governance capability buildout, working capital, and costs of the raise. The placement issue price of $0.007 represents a premium to the company's 15-day volume weighted price. The acquisition of Quixxi introduces the Quixxi Clarity AI platform, extending WhiteHawk's cybersecurity capabilities into artificial intelligence governance and positioning the company at the intersection of cybersecurity, data governance, and AI risk management. The company will seek shareholder approval for the issue of the placement options and broker options at an upcoming general meeting.