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Jatcorp Limited (ASX:JAT)

ALERT: Price-sensitive ASX Announcement for JAT
Current share price for JAT : $0.125 -0.03 (-19.35%)+
Announcement
Release
10 Dec 2025 8:43AM
Price at Release
$0.155
Full Release
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Summary
Jatcorp Limited has announced a 1 for 3 non-renounceable Entitlement Offer priced at $0.15 per share to raise approximately $4.2 million, with the issuance of roughly 28,088,887 new shares. The offer is fully underwritten by HS Global E-Commerce (HK) Limited, controlled by substantial shareholder Mr. Simon Lin, with an underwriting fee of 1.5%. The funds raised are intended for working capital, operations, and market expansion in line with the company's new development strategy. Only shareholders registered in Australia and New Zealand by the record date of 15 December 2025 are eligible to participate. The offer closes on 9 January 2026, with shares issued on 19 January 2026. New shares will rank equally with existing shares, and the offer's terms are outlined in the Letter of Offer lodged with ASX.
Key Points
  • 1 for 3 non-renounceable Entitlement Offer at $0.15 per share.
  • Approximately $4.2 million to be raised.
  • Fully underwritten by HS Global E-Commerce (HK) Limited.
  • Funds for working capital and market expansion.
  • Offer open to shareholders in Australia and New Zealand.
  • Record date for eligibility is 15 December 2025.
  • Offer closes on 9 January 2026.
  • New shares issued on 19 January 2026.
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.