Dotz Nano Secures AU$1.2 million from Placement to Support Commercial Rollout of Climate Tech

Dotz Nano Limited (ASX: DTZ) has successfully raised AU$1.2 million through a placement to institutional and sophisticated investors. It is issuing 20 million new shares at AU$0.06 per share—a 31% discount to the last closing price. Investors will also receive one free option (ex. price AU$0.10, 3-year expiry) for every two shares, subject to shareholder approval via an upcoming prospectus.

The funds raised will support working capital as Dotz progresses its DotzEarth direct air capture (DAC) technology toward commercial deployment. CEO Sharon Malka highlighted investor confidence in the company's climate tech innovation and strategic direction. Settlement is scheduled for 26 May 2025, with trading of new shares to commence around 27 May 2025. Evolution Capital acted as Lead Manager and will receive 2 million Broker Shares and 10 million Broker Options.

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