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.
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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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