Key points
- Eligible shareholders can apply for up to A$30,000 worth of shares.
- Offer opens on 28 August 2026 and closes on 24 September 2026.
- Issue price set at A$0.175 per share, a discount to recent market prices.
- Proceeds will fund commercialization, R&D, and working capital.
- Oversubscriptions may be scaled back at the company's discretion.
Full summary
Sparc Technologies Ltd is offering eligible shareholders the opportunity to subscribe for fully paid ordinary shares under its Share Purchase Plan (SPP). The offer is open to shareholders registered as of 19 August 2026, with a maximum subscription value of A$30,000 per shareholder. The issue price is set at A$0.175 per share, representing a discount to recent market prices. The proceeds from the SPP will be used for commercialization activities, investment in Sparc Hydrogen, research and development, and general working capital. The offer opens on 28 August 2026 and closes on 24 September 2026. Oversubscriptions may be scaled back at the company's discretion.
Guidance
Maximum amount under the SPP of A$1,750,000 (before costs), being a maximum of 10,000,000 New Shares.
Outlook
The company aims to use the funds raised for commercialization, investment, R&D, and working capital. Future financial performance and growth may depend on the successful execution of these initiatives.