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Prophecy International Holdings Limited (ASX:PRO)

ALERT: Price-sensitive ASX Announcement for PRO
Current share price for PRO : $0.082 -0.028 (-25.45%)+
Announcement
Release
27 Feb 2026 10:55AM
Price at Release
$0.110
Full Release
download
Summary
Prophecy International Holdings Limited (ASX: PRO) has successfully completed a $0.975 million equity raising through a share placement, issuing 6.5 million new shares at $0.15 per share. The share price was set at a premium of 36.36% to the last traded price and a 40.76% premium to the 10-day Volume Weighted Average Price. The funds raised will primarily be used for additional working capital. The equity raising was executed in a single tranche with shares issued to an existing sophisticated investor under ASX Listing Rule 7.1. The new shares are expected to be allotted by 5th March 2026, with an option for subscribers to apply for an additional 3.5 million shares at the same price within the next nine months.
Key Points
  • Completed $0.975 million equity raising via share placement.
  • Issued 6.5 million new shares at $0.15 per share.
  • Share price set at 36.36% premium to last traded price.
  • 40.76% premium to 10-day Volume Weighted Average Price.
  • Funds used primarily for additional working capital.
  • Placement completed in a single tranche.
  • Shares issued under ASX Listing Rule 7.1.
  • New shares expected to be allotted by 5th March 2026.
  • Option for additional 3.5 million shares at $0.15 within nine months.
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.