What is a shortfall offer?

A shortfall offer sells shares that existing shareholders did not take up in an earlier offer. Dataworks used it to sell the 6,861,393 shares left over at $0.12 each.

How much did Dataworks Group raise in total?

Dataworks raised about $4.24 million before costs. That is a $3.0 million share sale to big investors plus about $1.24 million from its entitlement offer.

When will the Dataworks shortfall shares be issued?

The company expects to issue the shortfall shares on Friday, 13 November 2026. The 3,430,699 free options are due to be issued on the same day.

What are the free options attached to the Dataworks shortfall shares?

The options are unlisted and can be exercised at $0.20 per share. They expire on 31 December 2027.

Dataworks Closes Fully Subscribed Shortfall Offer, Completing A$4.24M Raise

The Dataworks Group Shortfall Offer closed fully subscribed, lifting the company's total capital raise to about $4.24 million.

By Josua Ferreira - 11 November 2026

Dataworks (ASX: DWG) skylit data centre hall with server racks as its Shortfall Offer closes fully subscribed

Dataworks Group Ltd

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About This Data

Key Takeaways

The Dataworks Group Shortfall Offer closed fully subscribed, with applications for all 6,861,393 shares at $0.12 each.
The full capital raise brought in about $4.24 million before costs, made up of a $3.0 million share sale and about $1.24 million from the entitlement offer.
New shares and 3,430,699 free options are due to be issued on Friday, 13 November 2026.
The options can be used at $0.20 per share and expire on 31 December 2027, which could bring in more cash later.
Executive Chairman Julian Babarczy says the raise leaves the company well positioned to deliver its existing programs and pursue near-term commercial opportunities.

Dataworks Shortfall Offer fully subscribed

Dataworks Group (ASX: DWG) has closed the Shortfall Offer under its pro-rata non-renounceable Entitlement Offer fully subscribed, with applications received for the full amount.

As announced on 15 October 2026, the net shortfall following the close of the Entitlement Offer was A$823,367.16, representing 6,861,393 shares at A$0.12 per share.

With the Shortfall Offer complete, the recent capital raising program raised A$4.24 million in aggregate before costs. That comprises the A$3.0 million Placement and approximately A$1.24 million under the Entitlement Offer.

Julian Babarczy, Executive Chairman

“…Completion of the capital raising strengthens Dataworks’ financial position and leaves the Company well positioned to deliver its existing programs while pursuing near-term commercial opportunities.”

The Company’s focus remains on the successful delivery and growth of its existing government programs, while progressing its pipeline of new government and commercial opportunities.

What happens next for Dataworks

Friday, 13 November 2026: the Company expects to issue the Shortfall Offer shares and 3,430,699 free attaching unlisted options, pursuant to Listing Rule 7.2 Exemption 3.
The options are exercisable at A$0.20 and expire on 31 December 2027.

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By Josua Ferreira

Partnership Director

Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.

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