Placement and Share Purchase Plan
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| Stock | WRKR Ltd (WRK.ASX) |
|---|---|
| Release Time | 22 Jul 2026, 3:48 p.m. |
| Price Sensitive | Yes |
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WRKR Ltd Announces $12M Capital Raise
Key Points
- Completed $10M Placement at $0.075 per share
- Share Purchase Plan to raise up to $2M
- Funds to support customer onboarding, payroll integrations, and product innovation
Full Summary
WRKR Ltd (ASX:WRK) has successfully completed a $10 million placement of 133.3 million new shares at $0.075 per share, strongly supported by existing shareholders. The company will also conduct a Share Purchase Plan (SPP) to raise up to an additional $2.0 million, offering eligible shareholders an opportunity to participate. The funds raised will be used for customer onboarding, expanding payroll integrations, product innovation, and working capital. The SPP will open on 29 July 2026 and close on 12 August 2026. The company's CEO, Trent Lund, expressed confidence in the company's position and future growth.
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