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Decidr AI Industries Ltd (ASX:DAI)

ALERT: Price-sensitive ASX Announcement for DAI
Current share price for DAI : $0.295 -0.41 (-58.16%)+
Announcement
Release
6 May 2026 9:46AM
Price at Release
$0.705
Full Release
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Summary
Decidr AI Industries Ltd (ASX: DAI) successfully completed a $15 million placement, issuing 24,590,168 new shares at A$0.61 each, representing a 7.6% increase in shares on issue. The placement, which attracted strong support from both existing and new investors, was conducted with a 13.5% discount to the last closing price and a 9.8% discount on the 10-day VWAP. The funds will be utilized for developing a Knowledge Security Platform, exploring M&A opportunities, and enhancing Sovereign Compute capabilities. Settlement of the shares is expected on 13 May 2026, with proceeds helping Decidr to maintain its lead in the agentic economy and invest further in its Sugarwork and Knowledge Security products.
Key Points
  • Decidr AI Industries Ltd successfully completed a $15m placement.
  • 24,590,168 new shares were issued at A$0.61 each.
  • The placement represented 7.6% of existing shares on issue.
  • Discounts and premiums were calculated based on VWAP and last close prices.
  • Proceeds will fund the development of a Knowledge Security Platform and other strategic projects.
  • Morgans Corporate Limited and MST Financial Services acted as Joint Lead Managers.
  • Settlement of Placement Shares expected on 13 May 2026.
  • The placement allows Decidr to invest in Sugarwork and Knowledge Security offerings.
  • DAI aims to capture opportunities in the rapidly changing agentic economy.
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.