CAP-XX Limited, a leading company in supercapacitor and energy management system design and manufacturing, has successfully completed its Retail Offer at the Issue Price of 0.1 pence per share. The company raised gross proceeds of approximately 0.15 million through the Retail Offer, in addition to the previously announced Placing and Subscription, resulting in a total of 2,188,038,110 New Ordinary Shares being issued. The second tranche of the Placing, Subscription, and Retail Offer is conditional upon the passing of a resolution by Shareholders at the General Meeting scheduled for 23 April 2024 at 5.00 p.m. AEST.
The Company anticipates that the Second Placing Shares, Subscription Shares, and Retail Offer Shares will be admitted to trading on AIM ("Second Admission") around 25 April 2024. Following Second Admission, the Company's issued ordinary share capital will consist of 2,908,226,437 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, from Second Admission, the total number of Ordinary Shares and voting rights in the Company will be 2,908,226,437.
The Retail Offer Shares have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold directly or indirectly in or into the United States. This announcement does not constitute an offer to sell or issue or a solicitation of an offer to buy or subscribe for Retail Offer Shares in the United States, Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA, or any other jurisdiction in which such offer or solicitation is or may be unlawful.
For further information, interested parties can contact CAP-XX Limited or visit their website at www.cap-xx.com.