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ARC Funds Limited (ASX:ARC)

ALERT: Price-sensitive ASX Announcement for ARC
Current share price for ARC : $0.066 -0.034 (-34%)+
Announcement
Release
8 Jul 2025 4:51PM
Price at Release
$0.100
Full Release
download
Summary
The document pertains to ARC Funds Limited and the reinstatement of its securities to quotation on the ASX. It outlines the history and context of ARC’s suspension, key conditions for reinstatement, and the measures taken to satisfy the ASX requirements, including a prospectus issue to raise capital, board changes, and compliance with governance standards. The document details ARC’s business activities, financial position following the capital raise, and the revised strategy post-reinstatement. It also discusses risk factors, corporate governance, and information for existing and prospective shareholders about the reinstatement process.
Key Points
  • ARC Funds Limited has applied for reinstatement to quotation on the ASX.
  • The company was previously suspended and needed to meet ASX requirements to be reinstated.
  • ARC undertook a capital raising via a prospectus to satisfy financial requirements.
  • Board and management changes have been made to strengthen corporate governance.
  • The document includes details of ARC’s business strategy and post-reinstatement plans.
  • Risk factors associated with ARC’s business and the reinstatement are outlined.
  • Disclosure of financial position post-capital raise is provided.
  • Information for shareholders regarding the reinstatement process is included.
  • Compliance with ASX Listing Rules is addressed in the document.
  • The first 60 pages focus on the background, actions taken, and future plans for ARC Funds Limited’s reinstatement.
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.