InvestSMART

Motio Ltd (ASX:MXO)

ALERT: Price-sensitive ASX Announcement for MXO
Current share price for MXO : $0.052 -0.005 (-8.77%)+
Announcement
Release
28 Oct 2025 10:25AM
Price at Release
$0.057
Full Release
download
Summary
Motio Ltd has successfully raised $1.73 million through a Placement to institutional and sophisticated investors. This capital will accelerate the expansion of its digital display network, enable early repayment of debt to oOh! media Limited, and enhance marketing automation and AI capabilities. The issuance was priced at $0.05 per share, with a 2.5% premium over the 30-day VWAP, and includes 34,611,222 new shares with a 1-for-1 attaching option to be exercised at $0.10. Settlement and allotment are scheduled for early November. The capital raising positions Motio to become debt-free and achieve positive NPAT results sooner, bolstering its medium-term growth strategy.
Key Points
  • Motio Ltd completed a capital raising of $1.73 million.
  • The capital raising was done through a Placement to institutional and sophisticated investors.
  • The funds will be used for digital display network expansion, early debt repayment to oOh! media Limited, and enhancing marketing and AI capabilities.
  • The issue price was $0.05 per share, with a premium of 2.5% to the 30-day VWAP.
  • 34,611,222 Placement Shares were issued with a 1-for-1 attaching option exercisable at $0.10.
  • Settlement expected on November 3, with allotment on November 5.
  • The capital raise allows Motio to be debt-free and achieve NPAT positive results sooner.
  • CEO Adam Cadwallader emphasized the accelerated growth strategy and increased pipeline of locations.
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.