Ovanti Limited Announces Successful Capital Raise and Strategic Expansion Plans
Ovanti Limited (ASX: OVT) has successfully completed a capital raise of AU$5 million, fulfilling the approval granted by shareholders at the November 2025 Annual General Meeting (AGM). The company has raised funds through a placement of 582,750,583 ordinary shares at an issue price of AU$0.001716 per share, which reflects a 15% discount to the 5-day volume weighted average price (VWAP). Clee Capital Pty Ltd, the firm responsible for completing the placement, will receive a 6% + GST fee on the funds raised.
Additionally, Clee Capital will be issued 60 million options with an exercise price of AU$0.003 and a three-year expiration date. The proceeds from the capital raise will be used to support Ovanti's expansion of its U.S. Buy Now Pay Later (BNPL) business, ongoing operations, and the development of new strategic partnerships. Ovanti remains optimistic about the opportunities in the U.S. BNPL market and its other ongoing operations in the Asian region.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Ovanti Limited Announces Successful Capital Raise and Strategic Expansion Plans
Ovanti Limited (ASX: OVT) has successfully completed a capital raise of AU$5 million, fulfilling the approval granted by shareholders at the November 2025 Annual General Meeting (AGM). The company has raised funds through a placement of 582,750,583 ordinary shares at an issue price of AU$0.001716 per share, which reflects a 15% discount to the 5-day volume weighted average price (VWAP). Clee Capital Pty Ltd, the firm responsible for completing the placement, will receive a 6% + GST fee on the funds raised.
Additionally, Clee Capital will be issued 60 million options with an exercise price of AU$0.003 and a three-year expiration date. The proceeds from the capital raise will be used to support Ovanti's expansion of its U.S. Buy Now Pay Later (BNPL) business, ongoing operations, and the development of new strategic partnerships. Ovanti remains optimistic about the opportunities in the U.S. BNPL market and its other ongoing operations in the Asian region.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au