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WhiteHawk Limited (ASX:WHK)

ALERT: Price-sensitive ASX Announcement for WHK
Current share price for WHK : $0.005 -0.003 (-35.71%)+
Announcement
Release
15 Apr 2026 9:21AM
Price at Release
$0.007
Full Release
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Summary
WhiteHawk Limited (ASX: WHK) has announced it has secured commitments to raise A$1.5 million through a placement of shares to sophisticated and professional investors at a premium price of $0.007 per share. This funding will be directed towards the integration of Quixxi Clarity AI, commercial expansion, revenue growth, product enhancement, and the development of AI governance capabilities. The acquisition of Quixxi Clarity AI enhances WhiteHawk’s cybersecurity platform by extending it into artificial intelligence governance and risk management. The placement includes 214,285,714 new shares with a 1 for 2 free attaching option, exercisable at $0.013 and expiring in three years, subject to shareholder approval. The funds will also cover working capital and the costs associated with the raise. The company plans to issue the new shares on April 22, 2026.
Key Points
  • WhiteHawk Limited announces A$1.5 million share placement.
  • Funds will be used for Quixxi Clarity AI integration and expansion.
  • Placement of shares at $0.007 per share, a premium price.
  • Acquisition enhances cybersecurity with AI governance capabilities.
  • 214,285,714 new shares issued with attaching options.
  • Shareholder approval required for certain components.
  • Proceeds also cover working capital and placement costs.
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.