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MA Financial Group Limited (ASX:MAF)

ALERT: Price-sensitive ASX Announcement for MAF
Current share price for MAF : $7.100 -2.57 (-26.58%)+
Announcement
Release
1 Sep 2025 9:54AM
Price at Release
$9.670
Full Release
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Summary
MA Financial Group Limited announced the completion of its acquisition of IP Generation on 1 September 2025. The fixed consideration for the acquisition included the issuance of approximately 11.4 million MAF Shares, which accounted for upfront acquisition costs inclusive of standard completion adjustments for net debt and working capital. Additionally, a deferred component of approximately $10.4 million will be paid and issued in 12 months' time, split equally between cash and MAF shares. Further earnout consideration may be payable contingent on meeting certain future performance milestones. The MAF Shares issued as part of the consideration will be subject to escrow, typically for up to five years, although 21% of these shares have a short-term escrow period of 90 days from the completion date.
Key Points
  • Completion of IP Generation acquisition by MA Financial Group Limited.
  • Fixed consideration involved issuing approximately 11.4 million MAF Shares.
  • Deferred component of $10.4 million to be paid and issued in 12 months, split between cash and shares.
  • Potential for additional earnout consideration based on future performance.
  • Escrow periods for shares issued, with 21% under short-term escrow.
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.