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TALIUS GROUP LIMITED Capital/Financing Update 2022

Jun 7, 2022

65893_rns_2022-06-07_9f7c0831-4326-4d72-8a44-5a2d434bc28e.pdf

Capital/Financing Update

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Notice under section 708A(5)(e) Corporations Act 2001

8 June 2022

On 1 June 2022, HSC Technology Group Ltd ( HSC or the Company ) ( ASX:HSC ) announced it raised $1.5 million (before costs) via a placement to institutional and sophisticated investors ( Placement ).

HSC advises that it has, today, issued 150,000,000 fully paid ordinary shares in the capital of the Company ( New Shares ) at an issue price of $0.01 per New Share pursuant to the Placement and as per the Appendix 2A which has been lodged already with the ASX.

The Company gives notice that:

  • (a) this notice is being given under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act );

  • (b) the New Shares issued pursuant to the Placement were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

  • (c) as at the date of this notice, the Company has complied with:

  • i. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and ii. section 674 of the Corporations Act; and

  • (d) as at the date of this notice, there is no information that is “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act.

This announcement has been authorised by the Board of Directors of HSC Technology Group Ltd.

Investor Enquiries: More on HSC
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About HSC Technology Group Ltd. (ASX: HSC)

HSC provides a suite of technology enabled care solutions to the aged and disability sectors across multiple verticals, including retirement living, residential aged care, home, and community settings to improve the quality of life, later in life.

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HSC’s Software as a Service (SaaS) data analytics platform Talius Smart Care combines smart sensors with AI machine learning (powered by CSIRO) that delivers automated actions. Talius links awareness, analysis, and action through one platform allowing the care model to move from spot check care to sense-respond care. Nursing staff can switch their focus from data collection to building a human connection. Most importantly, residents benefit from a new era of autonomy and dignity.

HSC helps protect and connect our elderly and people with disabilities with a scalable healthcare technology platform integrated with leading third-party providers to ensure end-to-end solutions for Connected Health.

  • ❖ HSC Care

  • ❖ HSC Home

  • ❖ Talius

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