InvestSMART

ARC Funds Limited (ASX:ARC)

ALERT: Price-sensitive ASX Announcement for ARC
Current share price for ARC : $0.075 -0.025 (-25%)+
Release
5 Nov 2025 9:51AM
Price at Release
$0.100
Full Release
download
Summary
ARC Funds Limited has announced a strategic investment in AUSBIZ TV PTY LTD by acquiring convertible notes with a face value of $2.15 million. This acquisition is part of ARC's strategic objective to offer diversified investment opportunities and enhance business growth. The purchase involves issuing 4,467,404 new ARC shares to the vendors, valuing $430K, reflecting 20% of the notes' face value. This investment is projected to add $215k in annual income to ARC. AUSBIZ Group, founded in 2020, is known for delivering financial news and market analysis to its growing subscriber base.
Key Points
  • ARC Funds Limited (ASX:ARC) announced a strategic purchase of convertible notes in AUSBIZ TV PTY LTD.
  • The convertible notes have a face value of $2.15 million, with ARC acquiring them for 20% of the face value.
  • ARC will issue new shares to vendors at $0.105 per share, totaling $430K in new shares.
  • Consideration Shares issued will total 4,467,404 new shares.
  • The investment aligns with ARC's objective to diversify investment opportunities and grow its business.
  • Ausbiz Group provides live financial news with over 130,000 subscribers.
  • ARC expects the investment to yield $215k additional income annually.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.