Renounceable Entitlement Offer

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Stock The Calmer Co International Ltd (CCO.ASX)
Release Time 27 Jul 2026, 10:03 a.m.
Price Sensitive Yes
 The Calmer Co International Ltd Announces Renounceable Entitlement Offer
Key Points
  • Renounceable Entitlement Offer to raise up to $3.5 million
  • Attractively priced at $0.001 per share
  • Includes 1 free attaching New Option for every 2 New Shares acquired
Full Summary

The Calmer Co International Ltd is undertaking a renounceable entitlement offer to eligible shareholders to subscribe for new shares at $0.001 each, aiming to raise up to $3.5 million. The offer includes a discount of 50% from the last price of $0.002 per share. Eligible shareholders will also receive one free attaching New Option for every two New Shares acquired, with an exercise price of $0.002 and an expiry of 2.5 years from the issue date. The offer includes a Top Up Offer for eligible shareholders to apply for additional shares and options. The offer is managed and partly underwritten by Mahe Capital Pty Ltd, which will receive up to 70 million New Options and other consideration. The funds raised will be used to repay debt, expand inventory, undertake marketing activities, and for new product launches.

Guidance

The Calmer Co International Ltd expects to raise up to $3.5 million before costs.

Outlook

The company plans to use the raised funds to repay debt, expand inventory, undertake marketing activities, and launch new products.