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Harvest Technology Group Ltd (ASX:HTG)

ALERT: Price-sensitive ASX Announcement for HTG
Current share price for HTG : $0.011 0.001 (10%)+
Announcement
Release
27 May 2026 9:12AM
Price at Release
$0.010
Full Release
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Summary
Harvest Technology Group Limited has announced a two-tranche placement raising A$6.5 million to accelerate its global defense and autonomous systems opportunities. The placement involves A$3 million in Tranche 1 and A$3.5 million in Tranche 2, which is subject to shareholder approval. Funds will support the company's Go-to-Market Defence Strategy, Nodestream expansion, and working capital. The placement price is A$0.01 per share, representing a 9.8% discount to the prior 15-day average trading price. Alpine Capital Pty Ltd acted as Lead Manager.
Key Points
  • Harvest announces a two-tranche Placement raising A$6.5 million.
  • Tranche 1 raises A$3 million, Tranche 2 raises A$3.5 million subject to approval.
  • Funds will support defense strategy, Nodestream expansion, and working capital.
  • Placement price set at A$0.01 per share.
  • Alpine Capital Pty Ltd acted as Lead Manager.
  • Tranche 1 to settle on or about 2 June 2026, Tranche 2 after shareholder meeting in July 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.