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Excite Technology Services Limited (ASX:EXT)

ALERT: Price-sensitive ASX Announcement for EXT
Current share price for EXT : $0.006 -0.002 (-25%)+
Announcement
Release
7 Jul 2026 9:48AM
Price at Release
$0.008
Full Release
download
Summary
Excite Technology Services Limited, trading as EXT on the ASX, announced an upsizing of its placement, securing firm commitments to raise an additional $240,000, bringing the total to $3.5 million before costs. The placement involves the issuance of shares at $0.006 each, with every two shares accompanied by a free-attaching unlisted option exercisable at $0.01, expiring in 36 months. 40,088,999 new Placement Shares will be issued under this upsize, subject to shareholder approval. Further details are provided in an updated Appendix 3B released alongside this announcement.
Key Points
  • Excite Technology Services Limited (ASX: EXT) announced an upsize of its placement.
  • The company received firm commitments to raise an additional $240,000 before costs.
  • The total amount to be raised is now $3.5 million before costs.
  • The issue price per Placement Share is $0.006.
  • Every two Placement Shares come with one free-attaching unlisted option.
  • The exercise price for the options is $0.01, expiring 36 months from issue.
  • 40,088,999 Placement Shares are to be issued due to the upsize.
  • Additional shares and all options are subject to shareholder approval.
  • An updated Appendix 3B with further details has been released.
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.