Prospectus - Entitlement Offer
| Stock | HYDRIX Ltd (HYD.ASX) |
|---|---|
| Release Time | 18 May 2026, 10:32 a.m. |
| Price Sensitive | Yes |
HYDRIX Ltd Announces Prospectus for Entitlement Offer
- Entitlement Offer to raise up to $8.183 million
- Offer of 6 Entitlement Shares for every 1 Share held
- Free attaching Entitlement Options for every Entitlement Share issued
- Offer closes on 5 June 2026
- Investment considered highly speculative
HYDRIX Ltd has issued a prospectus for an accelerated renounceable entitlement offer to raise up to approximately $8.183 million (before costs). The offer is structured on the basis of 6 Entitlement Shares (at an issue price of $0.005 per Entitlement Share) for every 1 Share held, together with 1 free attaching Entitlement Option (exercisable at $0.01 per Entitlement Option and expiring 30 June 2029) for every Entitlement Share issued. The Retail Entitlement Offer closes at 5.00pm (AEST) on Friday, 5 June 2026 (unless extended). This Prospectus is a transaction specific prospectus for an offer of continuously quoted securities and options to acquire continuously quoted securities (as defined in the Corporations Act). It has been prepared in accordance with section 713 of the Corporations Act. It does not contain the same level of disclosure as an initial public offering or 'full form' prospectus. The prospectus also includes details on Shortfall Offer, Note Conversion Offer, Director Loan Conversion Offer, Broker Share Offer, and Broker Option Offer. The offer is considered highly speculative in nature.
HYDRIX Ltd aims to raise up to $8.183 million through the entitlement offer.
HYDRIX Ltd aims to raise capital through the entitlement offer to fund its operations and growth initiatives.