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Aumake Limited (ASX:AUK)

ALERT: Price-sensitive ASX Announcement for AUK
Current share price for AUK : $0.003 0.001 (50%)+
Announcement
Release
11 Dec 2025 9:14AM
Price at Release
$0.002
Full Release
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Summary
Aumake Limited announced that it has raised $1.5 million through a placement to institutional, professional, and sophisticated investors. This funding will support the company's business growth by expanding its high-margin Australian brand portfolio and developing marketing channels in China. The capital raising is seen as a vote of confidence in the company's governance and management strategies. The funds will be used for inventory, working capital, and the costs associated with the placement. The placement involves issuing 750 million shares at $0.002 per share, with attaching options exercisable at $0.004 expiring in two years.
Key Points
  • $1.5 million raised to support business growth
  • Commitments received from institutional, professional, and sophisticated investors
  • 750 million shares to be issued at $0.002 per share
  • Options exercisable at $0.004 each, expiring in 2 years
  • Funds to be used for inventory, working capital, and placement costs
  • Capital raising supports expansion of Australian brand portfolio and China marketing
  • Novus Capital Limited acted as sole lead manager
  • Authorized by the Board of Aumake Limited
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.