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AD1 Holdings - Results of Non-Renounceable Entitlement Offer


Melbourne, Australia, 12 May 2023: AD1 Holdings Limited (‘AD1’ or the ‘Company’) (ASX: AD1), announces the results of the Entitlement Offer  announced on 30 March 2023.

The Entitlement Offer allowed Eligible Shareholders to subscribe to 2 New Shares for every 7 Existing Shares held by Eligible Shareholders at the Record Date at an issue price of $0.005 per New Share.

The Company is pleased to announce that it has improved its cash position by approximately $1 million, through the Entitlement Offer and other capital raising plans. 

For more information, download the attached PDF.

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