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Ovanti Limited (ASX:OVT)

ALERT: Price-sensitive ASX Announcement for OVT
Current share price for OVT : $0.002 0 (0%)+
Announcement
Release
21 Aug 2026 9:03AM
Price at Release
$0.002
Full Release
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Summary
Ovanti Limited has launched a non-renounceable entitlement offer to raise approximately $2.293 million by issuing 1 New Share for every 1 existing Share at an offer price of $0.002 per share. The offer opened on 21 August 2026 and closes on 1 September 2026, providing eligible shareholders the chance to maintain their ownership levels. The offer is not underwritten and includes a Top Up Facility for additional share applications. New Shares are expected to start trading on 7 September 2026.
Key Points
  • Ovanti Limited (ASX: OVT) has announced a 1 for 1 non-renounceable entitlement offer to raise approximately $2.293 million at an offer price of $0.002 per share.
  • The Entitlement Offer opens on 21 August 2026 and closes at 5:00pm Sydney time on 1 September 2026.
  • Eligible Shareholders can access the Offer Booklet and Entitlement and Acceptance Form online.
  • The Entitlement Offer provides Shareholders the opportunity to maintain their level of ownership by subscribing for 1 New Share for every 1 existing Share held.
  • The offer is non-renounceable, meaning Entitlements do not trade on the ASX and cannot be sold or transferred.
  • Any shortfall in the Entitlement Offer may be allocated to Eligible Shareholders who apply for Additional Shares under the Top Up Facility.
  • The entitlement offer is not underwritten, and the Company reserves the right to extend or close the offer early.
  • The New Shares will rank equally with existing Shares on issue and are expected to commence normal trading on 7 September 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.