• Retail Entitlement Offer closed on June 5, 2026
• Eligible retail shareholders subscribed for 267,110,768 new shares
• Approximately 592,032,620 Retail Entitlements to be offered for sale

Hydrix Ltd announced the results of the retail entitlement offer, which closed on June 5, 2026. Eligible retail shareholders subscribed for 267,110,768 new shares, raising approximately $1.34 million. The participation rate was approximately 31.09%. Approximately 592,032,620 Retail Entitlements not taken up by eligible retail shareholders will be offered for sale through the Retail Shortfall Bookbuild. Hydrix intends to use the raised capital to retire debt, provide working capital, and fund investment initiatives. The company also plans to convert up to $5.435 million in convertible note debt and loans into equity.

Approximately $1.34 million raised from retail entitlement offer

The company plans to use the raised capital for debt repayment, working capital, and investment initiatives.