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Cluey Ltd Successfully Completes $4.5 Million Entitlement Offer

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Cluey Ltd Successfully Completes $4.5 Million Entitlement Offer

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Cluey Ltd ( (AU:CLU) ) just unveiled an update.

Cluey Ltd announced the successful results of its $4.5 million entitlement offer, with 58 eligible shareholders subscribing for over 25 million new shares at $0.07 each. The shortfall of nearly 39 million shares was managed by the Lead Manager, and the new shares are set to be issued and commence trading on the ASX by mid-December 2025, potentially strengthening Cluey’s market position and operational capacity.

The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.

More about Cluey Ltd

Cluey Ltd (ASX: CLU) is an education technology company based in Australia, offering online tutoring, learning support, and co/extracurricular services. It provides tutoring in English, mathematics, and chemistry for primary, secondary, and senior-level students through its online platform.

Average Trading Volume: 58,526

Technical Sentiment Signal: Sell

Current Market Cap: A$27.52M

Find detailed analytics on CLU stock on TipRanks’ Stock Analysis page.

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