Simble Solutions launches $1.0M capital raising at $0.0035 per share
Simble Solutions (ASX:SIS) has received binding commitments from sophisticated and professional investors for a $1.0M capital raising (before costs). The Placement covers 285,714,285 fully paid ordinary shares at $0.0035 per share.
The issue price represents a 12.5% discount to the 15-day trading VWAP to 28 October 2026. VWAP is the volume weighted average price, a measure of the average price a stock traded at over a set period.
The Placement Shares will be issued under the Company’s existing ASX Listing Rule 7.1 capacity. They will rank equally with existing fully paid ordinary shares.
Non-executive Chairman Mr Faldi Ismail linked the raise to the balance sheet and the NanoSensor evaluation program:
Faldi Ismail, Non-executive Chairman
“The Board thanks new and existing shareholders for their support. This raise strengthens our balance sheet and allows us to advance the NanoSensor evaluation program while continuing to grow SimbleSense and CarbonView. Directors’ participation on the same terms as other investors, subject to shareholder approval, reflects our confidence in the Company’s direction.”
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Placement terms and director participation
The key terms of the Placement are summarised below.
| Item | Detail |
|---|---|
| Raise size | $1.0M (before costs) |
| Shares issued | 285,714,285 fully paid ordinary shares |
| Issue price | $0.0035 per Share |
| Discount to VWAP | 12.5% to the 15-day trading VWAP to 28 October 2026 |
| Attaching options | 1 free option per Share applied for, subject to shareholder approval |
Investors receive attaching options on the following terms:
- Subject to shareholder approval, 1 free attaching option per Share applied for (Placement Options)
- Exercise price of $0.007, expiring 4 years from the date of issue
- A total of 285,714,285 attaching options
Directors Mr Faldi Ismail and Mr Fadi Diab intend to participate on the same terms, up to an aggregate of $205,000, included within the Placement. Shareholder approval under ASX Listing Rule 10.11 will be sought at the general meeting for the issue of their Shares and Placement Options.
62 Capital acted as lead manager. The Company will pay a capital raising fee of 6% of the amount raised and issue to it (or its nominees) 50,000,000 options with the same terms as the Placement Options, subject to shareholder approval (Broker Options).
Where the funds will go
Funds raised will be used to support development of the Nanosensor Technology and to provide growth capital for Simble’s existing businesses and working capital.
A two-year Macquarie University research collaboration underpins the technology work, with Simble contributing $288,000 toward project costs while retaining exclusive commercialisation rights to any improvements.
How a placement with attaching options works
A placement is a sale of new shares directly to selected investors rather than to the wider shareholder base. Attaching options give those investors the right, but not the obligation, to buy additional shares later at a set price, here $0.007.
Options can make a placement more attractive to investors. If they are exercised, the company receives additional capital.
Simble’s business
Simble describes itself as a global Energy and Sustainability provider with integrated solutions across energy efficiency, sustainability and renewable energy development. Its current commercial base is built around two core software platforms:
- SimbleSense: an integrated hardware and real-time software solution that enables businesses to visualise and control their energy systems and reduce energy costs
- CarbonView: an enterprise-grade Carbon and Sustainability Reporting platform
Following the December 2025 acquisition of exclusive rights to the patented NanoSensor Technology, Simble is advancing a structured evaluation program to investigate the platform’s commercial potential across multiple application areas.
The structured evaluation program tests six application areas in parallel, including gas detection, UV sensing, e-skin and defence, with capital deployed progressively as each pathway shows commercial viability.
Simble operates across the Commercial & Industrial and SME segments, with offices in Australia, the United Kingdom and Vietnam.
What happens next for Simble shareholders
The timetable below is indicative only and subject to change. The Company reserves the right to vary the dates, subject to the Corporations Act, the ASX Listing Rules and other applicable laws.
- Announcement of the Placement and resumption of trading: Tuesday, 3 November 2026
- Settlement of Placement Shares: Monday, 30 November 2026
- Issue of Placement Shares (excluding Directors Shares): Tuesday, 1 December 2026
- Shareholder approval at the Company’s General Meeting for the Placement Options, Broker Options and Placement Shares to be issued to directors: Late December 2026
- Issue of Placement Options, Broker Options and Placement Shares: Early January 2027
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