WRK Price sensitive 22 Jul 2026, 3:48 PM

Placement and Share Purchase Plan

WRKR Ltd

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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