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Holista Colltech Limited (ASX:HCT)

ALERT: Price-sensitive ASX Announcement for HCT
Current share price for HCT : $0.080 -0.01 (-11.11%)+
Release
11 Dec 2025 8:20AM
Price at Release
$0.090
Full Release
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Summary
Holista Colltech Limited has received a formal notice from the Australian Securities and Investments Commission (ASIC) seeking recovery of legal costs amounting to approximately $1.09 million, following a Federal Court ruling where costs were awarded to ASIC on 17 May 2024. The company is currently reviewing the notice and evaluating its options regarding the claim's basis and amount. Holista has committed to providing further updates as necessary. This announcement has been authorized by the Board of Directors.
Key Points
  • Holista Colltech Limited received a costs notice from ASIC.
  • ASIC seeks recovery of approximately $1.09 million in legal costs.
  • Costs were awarded to ASIC by the Federal Court on 17 May 2024.
  • Holista is reviewing the notice and assessing its options.
  • Further updates will be provided by Holista as required.
  • The announcement was authorized by the Board of Directors.
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.