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Sprintex Limited (ASX:SIX)

ALERT: Price-sensitive ASX Announcement for SIX
Current share price for SIX : $0.062 -0.026 (-29.55%)+
Announcement
Release
30 Jun 2026 5:19PM
Price at Release
$0.088
Full Release
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Summary
On 30 June 2026, Sprintex Limited (ASX: SIX) announced a new underwriting agreement with Sharewise Capital Pty Ltd to underwrite up to 1,500,000 of its Expiring Options, contributing to a total coverage of 10,200,000 options across various partners. This provides a potential funding pathway of up to A$1,020,000 before fees, if the options remain unexercised by their expiration on 30 June 2026. The underwriting fee is set at 5% for each underwriter. Sprintex is noted for its engineering and manufacturing of high-speed electric motors and clean air compressors, aiming to offer energy-efficient solutions across industrial and automotive sectors.
Key Points
  • Sprintex Limited enters further underwriting agreement with Sharewise.
  • Expiring Options exercisable at A$0.10 as of 30 June 2026.
  • Total of 20,250,000 Expiring Options remain unexercised.
  • Euro Mark and CAHL to underwrite 8,700,000 Expiring Options.
  • Sharewise to underwrite 1,500,000 Expiring Options.
  • Total underwritten amount potentially A$1,020,000.
  • Underwriting fee is 5% of the underwritten amount.
  • Sprintex specializes in high-speed electric motors and compressors.
  • Sprintex focuses on energy-efficient solutions for industrial and automotive sectors.
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.