Bekanntmachung • Apr 30
WhiteHawk Limited, Annual General Meeting, May 29, 2026 WhiteHawk Limited, Annual General Meeting, May 29, 2026. Bekanntmachung • Apr 15
WhiteHawk Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million. WhiteHawk Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 214,285,714
Price\Range: AUD 0.007
Discount Per Security: AUD 0.00042
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Bekanntmachung • Apr 14
WhiteHawk Limited (ASX:WHK) agreed to acquire Quixxi Pty Ltd from Lakeba Group for AUD 3.5 million. WhiteHawk Limited (ASX:WHK) agreed to acquire Quixxi Pty Ltd from Lakeba Group for AUD 3.5 million on April 13, 2026. The consideration consists of 250,000,000 ordinary shares and 250,000,000 performance shares. The performance shares are further comprised of 100,000,000 Class A Performance Shares and 150,000,000 Class B Performance Shares.
The Agreement may be terminated: (a) by either party if any of the conditions in the agreement have not been satisfied or waved in accordance with the agreement, or have become incapable of being satisfied, on or before the End Date, provided that the terminating Party is not in breach of using its best efforts to ensure the conditions are satisfied. The End Date is defined as 5pm (WST) on that date which is 6 months after the Execution Date, unless otherwise extended by the parties in writing. (b) by the Buyer if the Independent Expert concludes in its Independent Expert Report that the Sale is not fair and not reasonable.
Milestones to achieve the Performance Shares (subject to shareholder approval) a) 100 million The Company achieving aggregate Revenue of $1 million within three (3) years from Completion of the Acquisition. b) 150 million The Company achieving aggregate Revenue of $2.5 million within three (3) years from Completion of the Acquisition Milestone Deadline 3 years after Completion.
The Consideration Securities will be subject to an escrow period of 12 months commencing on the date the Consideration Securities are issued. The Consideration Securities are subject to shareholder approval at a general meeting of the Company, and requires an Independent Expert Report in accordance with the Corporations Act and ASX Listing Rules. Board Change • Dec 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Melissa King was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jul 25
WhiteHawk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.420604 million. WhiteHawk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.420604 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 101,791,677
Price\Range: AUD 0.0115
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 21,739,130
Price\Range: AUD 0.0115
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Bekanntmachung • Jun 30
WhiteHawk Limited Announces Resignation of Mr. Philip George as Director WhiteHawk Limited advised that Mr. Philip George has resigned as Director of the Company effective immediately. The Board extends its sincere appreciation to Mr. George for his contribution and support since his appointment and wishes him well for the future. Bekanntmachung • Mar 25
WhiteHawk Limited, Annual General Meeting, May 20, 2025 WhiteHawk Limited, Annual General Meeting, May 20, 2025. Bekanntmachung • Mar 12
WhiteHawk Limited Announces Appointment of Giuseppe Porcelli as Non-Executive Director WhiteHawk Limited announced the appointment of Giuseppe Porcelli as a Non-Executive Director, effective 11 March 2025. Giuseppe Porcelli is a proven technology entrepreneur with over 20 years of experience leading innovative, AI-driven solutions and automated service enterprises. As the Founder, Chairman, and CEO of Lakeba Group, Mr. Porcelli has successfully launched and scaled technology businesses internationally, driving innovation, strategic alliances, and revenue growth. He also currently serves as Chairman of DomaCom, DoxAI Ltd, Bricklet Ltd, and Quixxi Pty Ltd, bringing deep expertise in corporate governance, risk management, and strategic expansion particularly within emerging markets in the Middle East and ASEAN regions. Board Change • Feb 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Director Brian Hibbeln was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Director Brian Hibbeln was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Nov 26
WhiteHawk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.7 million. WhiteHawk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 120,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.01
Discount Per Security: AUD 0.0006
Transaction Features: Subsequent Direct Listing Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Director Brian Hibbeln was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.2m free cash flow). Negative equity (-US$75k). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Market cap is less than US$10m (AU$6.35m market cap, or US$4.30m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (US$1.9m revenue). Bekanntmachung • Apr 04
WhiteHawk Limited, Annual General Meeting, May 08, 2024 WhiteHawk Limited, Annual General Meeting, May 08, 2024, at 09:00 E. Australia Standard Time. Agenda: To receive and consider the annual financial report of the Company for the financial year ended 31 December 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to adopt remuneration report; to re-elect Brian Hibbeln as director; to issue free attaching placement options; to issue lead manager options to Alpine Capital; to issue options to Viaticus Capital; to ratify prior issue of shares to Lind Partners; and to approve 7.1a mandate. New Risk • Mar 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 75% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Negative equity (-US$806k). Shareholders have been substantially diluted in the past year (75% increase in shares outstanding). Market cap is less than US$10m (AU$11.5m market cap, or US$7.63m). Minor Risk Revenue is less than US$5m (US$1.8m revenue). Bekanntmachung • Mar 01
WhiteHawk Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million. WhiteHawk Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 88,888,890
Price\Range: AUD 0.0225
Discount Per Security: AUD 0.00135
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 01
Full year 2023 earnings released: US$0.01 loss per share (vs US$0.007 loss in FY 2022) Full year 2023 results: US$0.01 loss per share (further deteriorated from US$0.007 loss in FY 2022). Revenue: US$1.80m (down 44% from FY 2022). Net loss: US$2.84m (loss widened 85% from FY 2022). Revenue is forecast to grow 73% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 05
First half 2023 earnings released: US$0.005 loss per share (vs US$0.002 loss in 1H 2022) First half 2023 results: US$0.005 loss per share (further deteriorated from US$0.002 loss in 1H 2022). Revenue: US$870.5k (down 48% from 1H 2022). Net loss: US$1.24m (loss widened 120% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. New Risk • Sep 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.3m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Negative equity (-US$501k). Market cap is less than US$10m (AU$10.2m market cap, or US$6.59m). Minor Risks Shareholders have been diluted in the past year (31% increase in shares outstanding). Revenue is less than US$5m (US$2.4m revenue). New Risk • Jul 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (AU$10.5m market cap, or US$7.12m). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (US$3.2m revenue). Reported Earnings • Mar 03
Full year 2022 earnings released: US$0.01 loss per share (vs US$0.01 loss in FY 2021) Full year 2022 results: US$0.01 loss per share (in line with FY 2021). Revenue: US$3.22m (up 40% from FY 2021). Net loss: US$1.51m (loss narrowed 39% from FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
First half 2022 earnings released: US$0.002 loss per share (vs US$0.006 loss in 1H 2021) First half 2022 results: US$0.002 loss per share (up from US$0.006 loss in 1H 2021). Revenue: US$1.67m (up 53% from 1H 2021). Net loss: US$562.6k (loss narrowed 60% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$0.01 loss per share (up from US$0.011 loss in FY 2020). Revenue: US$2.30m (up 22% from FY 2020). Net loss: US$2.47m (loss widened 36% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Executive Departure • May 21
Independent Non-Executive Director has left the company On the 13th of May, Tiffany Kleemann's tenure as Independent Non-Executive Director ended after 3.3 years in the role. As of March 2021, Tiffany personally held 600.00k shares (AU$153k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Mar 30
Full year 2020 earnings released: US$0.011 loss per share (vs US$0.019 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$1.89m (up 84% from FY 2019). Net loss: US$1.81m (loss narrowed 34% from FY 2019). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 27
Full year 2020 earnings released: US$0.01 loss per share (vs US$0.019 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: US$1.89m (up 84% from FY 2019). Net loss: US$1.81m (loss narrowed 34% from FY 2019). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 20
New 90-day high: AU$0.34 The company is up 66% from its price of AU$0.20 on 23 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: AU$0.28 The company is up 81% from its price of AU$0.15 on 20 August 2020. The Australian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 14% over the same period. Is New 90 Day High Low • Oct 23
New 90-day high: AU$0.22 The company is up 153% from its price of AU$0.087 on 24 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 47% over the same period.