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NANOVEU LIMITED — Capital/Financing Update 2021
Sep 30, 2021
65457_rns_2021-09-30_6ebb5939-7bc2-4970-883c-cb9e6437a290.pdf
Capital/Financing Update
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Nanoveu Limited U1, 18 Olive Street Subiaco WA 6008 +61 8 6244 9095 www.nanoveu.com
ASX RELEASE
1 October 2021 ASX: NVU
Results of Pro-Rata Non-Renounceable Rights Issue
Nanoveu Limited (“ Nanoveu ” or the “ Company ”) advises that its pro-rata non-renounceable rights issue of one (1) fully paid ordinary share in the capital of the Company ( Share ) for every four (4) Shares held, at an issue price of $0.045 per Share together with one (1) free attaching option for every two (2) Shares subscribed for and issued ( New Option ), to raise up to $2,152,800 (before costs) ( Entitlement Offer ), closed at 5.00pm on 28 September 2021.
The New Options have an exercise price of $0.058 and a two (2) year term.
The Company received applications to subscribe for 10,516,730 new Shares from eligible shareholders under the Entitlement Offer to raise approximately $473,253. This represents approximately 22% of all Shares offered under the Entitlement Offer.
The Company advises that the results of the Entitlement Offer are as follows:
| Shares | Attaching | |
|---|---|---|
| Options | ||
| Total number of securities offered under the Entitlement Offer | 47,840,129 | 23,920,065 |
| Total number of securities applied for by eligible shareholders | 10,516,730 | 5,258,365 |
| under the Entitlement Offer | ||
| Shortfall | 37,323,399 | 18,661,700 |
The Company’s recently appointed Non-executive Chairman, Mr Scott Beeton, will participate in $100,000 of the Shortfall, representing 2,222,222, Shares and 1,111,111 New Options, and the Company is in discussions to place the balance of the Shortfall.
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This announcement has been authorised for release by Nanoveu’s Managing Director and CEO .
| For further information, pleasecontact:Alfred ChongManaging Director and CEOt: +65 6557 0155e: [email protected] | For media / investor enquiries,please contact:Jane MorganInvestor Relationst: 0405 555 618e: [email protected] |
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About Nanoveu Limited
We are technology innovators who specialize in modern, cutting-edge nanotechnology that improve the way we live, from reducing contagious transmissions on high touch points to immersive vision-based entertainment. https://www.nanoveu.com/
Nanoshield - is a film which uses a patented polymer of Cuprous embedded film to self-disinfect surfaces. Nanoshield antiviral protection which is available in a variety of shapes and forms, from mobile screen covers, to mobile phone cases and as a PVC commercial film, capable of being applied to a number of surfaces such as doorhandles and push panels. The perfectly clear plastic film contains a layer of charged copper nanoparticles which have antiviral and antimicrobial properties. This technology is also being applied to fabric applications targeting use in the personal protective equipment sector.
EyeFly3D - is a film applied to digital displays that allowed users to experience 3D without the need for glasses on everyday mobile handheld devices.
Customskins - are vending machines capable of precisely applying screen covers to mobile phones with an alignment accuracy of 150 microns.
EyeFyx - currently in research and development stage, EyeFyx is a vision correction solution using hardware and software to manipulate screen output addressing long-sightedness without the need to wear reading glasses.
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