InvestSMART

ARC Funds Limited (ASX:ARC)

ALERT: Price-sensitive ASX Announcement for ARC
Current share price for ARC : $0.075 -0.045 (-37.50%)+
Announcement
Release
27 Jan 2026 10:00AM
Price at Release
$0.120
Full Release
download
Summary
ARC Funds Limited has announced the sale of 2,150,000 convertible notes in Ausbiz TV Pty Ltd to AUSBIZ GROUP PTY LTD for a total cash consideration of $500,000. This transaction will take effect on March 23, 2026, and results in a profit of approximately $70,000 for ARC Funds Limited, as the initial investment was made in ARC scrip. The sale does not affect the strategic stake of 26.35% held by ARC in Ausbiz Capital or any secured debt held by ARC in Ausbiz Group Pty Ltd.
Key Points
  • ARC Funds Limited announces sale of Ausbiz TV convertible notes.
  • Sale of 2,150,000 convertible notes with a face value of $1.00 per note.
  • Total cash consideration for the notes is $500,000.
  • The sale results in a profit of approximately $70,000 for ARC.
  • Transaction will be effective from March 23, 2026.
  • The initial investment was made in ARC scrip.
  • The sale does not impact ARC's strategic stake or secured debt in Ausbiz entities.
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.