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Bubs Australia Limited (ASX:BUB)
ALERT: Price-sensitive ASX Announcement for BUB
Current share price for BUB : $0.079 -0.071 (-47.33%)+
Announcement
Release
6 Nov 2025 10:07AM
Price at Release
$0.150
Full Release
Summary
Bubs Australia Limited has provided an update regarding the legal dispute involving its subsidiary, The Infant Food Co. Pty Limited, against former customers Alice Trading Limited and Willis Trading Limited through the Australian Centre for International Commercial Arbitration. Following enforcement proceedings against Willis in the Federal Court of Australia, Bubs expects to recover A$825,000 from a secured creditor by December 9, 2025. No further amounts are anticipated to be recovered from Alice or Willis related to these arbitrations. This update has been ratified by the Board of Directors.
Key Points
- Bubs Australia Limited announced an update on the legal dispute with Alpha Group.
- The Company expects to recover A$825,000 from a secured creditor of Willis.
- No further recoveries are expected from Alice and Willis beyond the A$825,000.
- This announcement has been approved by the Board of Directors.
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.
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