InvestSMART

Conneqt Health Limited (ASX:CQT)

ALERT: Price-sensitive ASX Announcement for CQT
Current share price for CQT : $0.016 -0.006 (-25.58%)+
Announcement
Release
30 Jun 2026 9:29AM
Price at Release
$0.022
Full Release
download
Summary
CONNEQT Health Limited announced a Share Purchase Plan (SPP) allowing eligible shareholders to purchase up to $30,000 of new shares at $0.022 per share, representing a 24.3% discount to the 15-day volume weighted average price. The SPP aims to raise $0.5 million, with the company reserving the right to scale back applications or adjust the amount raised based on demand. The offer is open to shareholders in Australia and New Zealand who were on the register as of June 18, 2026. The funds will support product inventory, sales growth, and development initiatives.
Key Points
  • SPP allows purchase of up to $30,000 of new shares at $0.022 per share.
  • SPP targets to raise $0.5 million.
  • Eligible shareholders are those in Australia and New Zealand as of June 18, 2026.
  • Funds to support product inventory, sales growth, development.
  • The offer is non-renounceable and applications exceed $0.5 million may be scaled back.
  • Allotment of shares expected by July 31, 2026 with ASX quotation on August 3, 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.