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Audeara Limited (ASX:AUA)

ALERT: Price-sensitive ASX Announcement for AUA
Current share price for AUA : $0.023 -0.01 (-30.30%)+
Announcement
Release
21 Aug 2026 9:39AM
Price at Release
$0.033
Full Release
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Summary
Audeara Limited has successfully secured firm commitments to raise $1.26 million (before costs) through the issuance of 38.18 million new fully paid ordinary shares via placement. This capital will support the company's commercial growth strategy, focusing on advancing AUA Technology licensing, engineering services, and expanding product opportunities. The placement, divided into two tranches, involves participation from Audeara's Board, with $275,000 subject to shareholder approval. Audeara's focus is on becoming sustainable in operating cashflows by FY27, following significant reductions in cash outflow in FY26. The placement price of $0.033 per share represents a premium over recent trading prices, and each tranche includes the issuance of free-attaching options. The initiative marks a year of robust performance for Audeara, with 20% revenue growth and continued expansion in global distribution channels.
Key Points
  • Firm commitments of $1.26m received via Placement
  • 38.18 million new fully paid ordinary shares to be issued
  • Capital supports growth in AUA Technology licensing
  • Tranche 1 raises $755,000; Tranche 2 involves $505,000 subject to shareholder approval
  • Price per share set at $0.033, includes free-attaching options
  • Targeting sustainable operating cashflow by FY27
  • Improved operating performance with 20% revenue growth
  • Global distribution expanded to over 3,000 clinics in 12 countries
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.