Jatcorp Raises $4.2 Million via 1-for-3 Entitlement Offer at $0.15 per Share

Jatcorp Limited has announced a fully underwritten 1-for-3 entitlement offer to raise approximately $4.2 million, aiming to bolster working capital and accelerate market expansion under a new strategy.

  • 1-for-3 non-renounceable entitlement offer at $0.15 per share
  • Approximately 28 million new shares to be issued
  • Funds targeted for working capital and market expansion
  • Offer fully underwritten by substantial shareholder HS Global E-Commerce (HK) Limited
  • Eligible to shareholders in Australia and New Zealand only
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Capital Raise to Support Strategic Growth

Jatcorp Limited (ASX, JAT), a player in the consumer staples sector focusing on supplementary food, plant-based, and dairy products, has announced a significant capital raising initiative. The company is launching a 1-for-3 non-renounceable entitlement offer priced at $0.15 per share, aiming to raise approximately $4.2 million before costs. This move is designed to strengthen the company’s liquidity and fund its operational and expansion ambitions.

The entitlement offer is fully underwritten by HS Global E-Commerce (HK) Limited, a substantial shareholder controlled by Simon Lin, signaling strong insider confidence in Jatcorp’s future prospects. The underwriter will receive a fee of 1.5% of the underwriting amount.

Use of Funds and Market Focus

The capital raised will primarily support day-to-day operations and working capital needs, ensuring that Jatcorp can maintain smooth business functions across its units. Additionally, the funds will accelerate the company’s market expansion efforts, aligning with a newly adopted development strategy aimed at boosting revenue growth and enhancing market presence.

Only shareholders with registered addresses in Australia and New Zealand are eligible to participate, reflecting the company’s focus on its core investor base. The offer is non-renounceable, meaning rights cannot be traded or transferred, which encourages shareholders to either take up their entitlement or let it lapse.

Key Dates and Next Steps

The record date for determining eligible shareholders is 15 December 2025, with the offer opening on 6 January 2026 and closing on 9 January 2026. Shares issued under the offer will rank equally with existing shares, and the company expects to announce the results by 16 January 2026, with quotation of new shares commencing shortly after on 19 January 2026.

While the exact number of new shares to be issued is subject to final reconciliation, the company has provided a clear timetable and reserves the right to extend or withdraw the offer if necessary. Investors will be watching closely to see the level of take-up and any potential impact on Jatcorp’s share price and market positioning.

Bottom Line?

Jatcorp’s fully underwritten entitlement offer sets the stage for a pivotal growth phase, but investor appetite will be key to its success.

Questions in the middle?

  • Will the entitlement offer fully subscribe given current market conditions?
  • How will Jatcorp’s new development strategy translate into revenue growth?
  • What impact might the capital raise have on existing shareholder dilution and share price?