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PolarX Limited (ASX:PXX)

ALERT: Price-sensitive ASX Announcement for PXX
Current share price for PXX : $0.015 -0.001 (-6.25%)+
Announcement
Release
4 Sep 2025 9:20AM
Price at Release
$0.016
Full Release
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Summary
PolarX Limited (ASX: PXX) has requested a voluntary suspension of its securities from quotation on the ASX under Listing Rule 17.2, effective from 4 September 2025. This action is taken to manage continuous disclosure obligations while the company finalizes negotiations related to a capital raising effort. The suspension is expected to last until the announcement regarding the capital raising is made, anticipated before the commencement of trading on 8 September 2025, unless lifted earlier by the company. The request for suspension was duly authorized by the Board of Directors and communicated to ASX Compliance.
Key Points
  • PolarX Limited requested voluntary suspension of securities.
  • Suspension under ASX Listing Rule 17.2.
  • Suspension effective from 4 September 2025.
  • Purpose is to manage disclosure obligations during capital raising.
  • Expected to last until 8 September 2025 unless lifted earlier.
  • Board of Directors authorized the suspension request.
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.