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EPX Limited (ASX:EPX)

ALERT: Price-sensitive ASX Announcement for EPX
Current share price for EPX : $0.170 -0.11 (-39.29%)+
Announcement
Release
24 Dec 2025 9:18AM
Price at Release
$0.280
Full Release
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Summary
EPX Limited announced the completion of a $2.14 million private placement, issuing 8,572,000 new shares at A$0.25 each, supported by both new and existing institutional investors. The proceeds are intended for the acquisition of Wattwatchers Pty Limited, investment in technology, and working capital. Additionally, Pac Partners served as the Lead Broker. EPX plans to offer a Share Purchase Plan (SPP) to raise up to $700,000.
Key Points
  • EPX Limited completed a $2.14 million private placement.
  • The placement was supported by both new and existing institutional investors.
  • 8,572,000 new shares were issued at A$0.25 per share.
  • Proceeds will be used for acquiring Wattwatchers Pty Limited, new revenue opportunities, investment in technology, and working capital.
  • Pac Partners acted as Lead Broker with a fee structure for funds raised.
  • A Share Purchase Plan (SPP) will follow, aiming to raise up to $700,000.
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.