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Opyl Secures AU$1.5 million in Oversubscribed Placement to Accelerate Growth of AI Drug Discovery Platform TrialKey

May 02, 2025

Opyl Limited (ASX: OPL) has received firm commitments to raise AU$ 1.5 million through a strategic placement to accelerate the development and commercial expansion of its AI-powered drug discovery and clinical trial design platform, TrialKey. The heavily oversubscribed placement reflects strong investor confidence in TrialKey’s global potential and Opyl’s mission to enhance trial design with more innovative, faster AI-driven solutions.

The raise will fund TrialKey’s sales, marketing, infrastructure, ongoing development, and general working capital. Director Antanas Guoga (Tony G) participated in the placement, further endorsing the platform’s growth trajectory. The placement involves the issue of approximately 71.43 million shares at AU$0.021 per share—a 19.2% discount to the last close and a 23.4% discount to the 15-day VWAP—along with one free attaching option (exercise price AU$0.03, 4-year expiry) for every two shares.

 

 

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