InvestSMART

Janus Electric Holdings Limited (ASX:JNS)

ALERT: Price-sensitive ASX Announcement for JNS
Current share price for JNS : $0.145 -0.06 (-29.27%)+
Announcement
Release
6 May 2026 12:00PM
Price at Release
$0.205
Full Release
download
Summary
Janus Electric Holdings Limited has announced that it has secured firm commitments for a private placement raising A$4.5 million. This capital will be raised through the issue of 26,450,000 new fully paid ordinary shares at A$0.17 per share. The placement attracted strong interest from a variety of investors across Australia, New Zealand, Hong Kong, and Singapore. The funds will be utilized to support the company's growth strategy, focusing on battery supply, manufacturing inventory, expanding sales capabilities, and certification of charging stations and batteries in international markets including the United States and Canada. Shareholder approvals will be sought for issuing shares to related parties and lead manager options. The placement is expected to settle by mid-May 2026.
Key Points
  • Janus Electric secures A$4.5 million through private placement.
  • 26,450,000 new shares issued at A$0.17 each.
  • Placement attracted investors from Australia, New Zealand, Hong Kong, and Singapore.
  • Funds to support battery supply, inventory, sales expansion, and certifications.
  • Shareholder approvals required for related party share issues and lead manager options.
  • Placement settlement expected by mid-May 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.