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ARC Funds Limited (ASX:ARC)

ALERT: Price-sensitive ASX Announcement for ARC
Current share price for ARC : $0.075 0 (0%)+
Announcement
Release
1 Jun 2026 9:30AM
Price at Release
$0.075
Full Release
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Summary
ARC Funds Limited announced that it has secured firm commitments to raise $600,000 through the issuance of new equity. The placement of shares, priced at $0.10 each, represents a 33% premium over the last traded price of $0.075 per share and a 37% premium over the 15-day volume-weighted average price (VWAP) of $0.073 per share. The funds will be utilized for working capital purposes to support the company's growth strategy. The shares will be issued under the existing placement capacity according to ASX Listing Rule 7.1A and will rank equally with existing shares. Key dates include the settlement of new shares on 4 June 2026 and expected quotation on the ASX on 5 June 2026.
Key Points
  • ARC Funds Limited raises $600,000.
  • Shares issued at $0.10 per share, a 33% premium.
  • Proceeds to be used for working capital.
  • Shares to be issued under ASX Listing Rule 7.1A.
  • Settlement and quotation dates in early June 2026.
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.