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Fiji Kava Limited ( (AU:CCO) ) has shared an announcement.
The Calmer Co International has outlined plans for a substantial capital raising through a proposed issue of new securities on the ASX. The company intends to issue up to 462,142,858 ordinary fully paid shares, along with up to 462,142,858 options across two new option classes, with a proposed issue date of 17 March 2026.
This large placement is expected to significantly expand the company’s capital base and may provide funding flexibility for its operations and growth initiatives. However, the scale of new equity and options relative to existing capital suggests the potential for material dilution to current shareholders, which will be a key consideration for investors assessing the transaction’s impact on value and control.
The most recent analyst rating on (AU:CCO) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fiji Kava Limited stock, see the AU:CCO Stock Forecast page.
More about Fiji Kava Limited
The Calmer Co International Limited, formerly known as Fiji Kava Limited, is an ASX-listed company operating in the consumer products and wellness sector. It focuses on developing and selling kava-based products and related offerings aimed at relaxation, stress relief and broader natural health markets in Australia and potentially international markets.
Technical Sentiment Signal: Sell
Current Market Cap: A$12.23M
See more data about CCO stock on TipRanks’ Stock Analysis page.