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PathKey.AI Raises Capital via Entitlement Offer, Moves to Place Shortfall

Story Highlights
  • PathKey.AI completed a non-renounceable entitlement offer, issuing new shares to raise capital.
  • Shareholders took up part of the offer, leaving a shortfall the board will seek to place within three months.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PathKey.AI Raises Capital via Entitlement Offer, Moves to Place Shortfall

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Opyl Ltd. ( (AU:PKY) ) has shared an update.

PathKey.AI Ltd has completed a pro-rata non-renounceable entitlement offer aimed at raising up to approximately A$920,517 through the issue of up to 76.7 million new shares at A$0.012 per share, on the basis of one new share for every four held. The offer resulted in shareholders taking up roughly 28.0 million shares for gross proceeds of about A$335,776, with a shortfall of approximately 48.7 million shares representing A$584,741 to be placed by the directors within three months, and the newly issued shares are set to begin trading on the ASX on 8 January 2026 on equal terms with existing stock, underpinning the company’s capital position and share liquidity.

More about Opyl Ltd.

PathKey.AI Ltd (ASX: PKY) is an Australian-listed company, though the announcement provides no further details on its specific industry sector, products or services, or market focus.

Average Trading Volume: 1,102,940

Technical Sentiment Signal: Hold

Current Market Cap: A$6.52M

See more insights into PKY stock on TipRanks’ Stock Analysis page.

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