InvestSMART

Hubify Limited (ASX:HFY)

ALERT: Price-sensitive ASX Announcement for HFY
Current share price for HFY : $0.012 0.004 (50%)+
Release
27 Feb 2026 8:18AM
Price at Release
$0.008
Full Release
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Summary
Hubify Limited, a provider of AI-powered ICT Managed Services and Cyber Security in Australia, has completed a strategic placement worth $250,000 through the issuance of 5,952,381 shares at 4.2 cents each, significantly above the previous day's closing price. This capital injection will support the company's AI-first growth strategy, aimed at expanding its market presence through partnerships and investments in AI-native platforms, starting with the Labrynth AI platform. The placement highlights strong investor confidence in Hubify's strategy to bridge the gap between AI innovation and business adoption, providing comprehensive AI-powered solutions.
Key Points
  • Hubify completed a $250,000 strategic placement.
  • 5,952,381 shares issued at 4.2 cents per share.
  • Strategic partnerships and AI go-to-market activities funded.
  • Initial partnership with HubLab and investment in Labrynth AI.
  • Placement demonstrates investor support for AI-first growth strategy.
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.