Annuncio • Aug 27
AUCyber Limited, Annual General Meeting, Oct 22, 2025 AUCyber Limited, Annual General Meeting, Oct 22, 2025. Annuncio • May 05
AUCyber Limited (ASX:CYB) announces an Equity Buyback. AUCyber Limited (ASX:CYB) announces a share repurchase program. Under the offer, the company will repurchase up its own shares. The shares will be repurchased from the shareholders who hold less than AUD 500 worth of shares. The purpose of program is to reduce the administrative costs (including printing and mailing costs and share registry expenses) associated with maintaining a large number of Small Shareholdings on the Company’s shareholder register. The shares will be repurchased at 5-day Volume Weighted Average Price commencing from Closing Date. The repurchased shares will be cancelled. The program will be funded from company's existing cash reserves. The record date for the offer is May 7, 2025. The offer will be valid till June 25, 2025. Annuncio • Mar 20
AUCyber Limited has filed a Follow-on Equity Offering in the amount of AUD 2.75 million. AUCyber Limited has filed a Follow-on Equity Offering in the amount of AUD 2.75 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,833,334
Price\Range: AUD 0.06
Discount Per Security: AUD 0.003
Transaction Features: Rights Offering Annuncio • Mar 06
AUCyber Limited Advises Resignation of Theo Tragoudistakis as Chief Financial Officer, Effective May 30, 2025 AUCyber Limited advised that Mr. Theo Tragoudistakis has resigned from his role as Chief Financial Officer (CFO). Mr. Tragoudistakis will work out his notice period, and his last day will be 30 May 2025. Annuncio • Feb 19
5G Networks Limited (ASX:5GN) completed the acquisition of 68.26% stake in AUCyber Limited (ASX:CYB) for AUD 15.1 million. 5G Networks Limited (ASX:5GN) proposed to acquire remaining 89.26% stake in AUCyber Limited (ASX:CYB) for AUD 16.1 million on December 20, 2024. A cash consideration valued at AUD 0.11 per share will be paid by 5G Networks Limited for 146,001,139 shares. The transaction will be financed through equity investment of AUD 64.97 million. The expected completion of the transaction is February 6, 2025. If 5G Networks is able to acquire 90% or more than 90% stake during tender offer period, 5G Networks will proceed with compulsory acquisition. As of December 24, 2024, in a related transaction, following receipt of the 5GN Takeover Bid, AUCyber Limited has received a non-binding and conditional takeover proposal from Brennan to acquire 100% of the ordinary shares in the Company at AUD 0.14 cash per share. The Competing Takeover Proposal represents a premium of approximately 28% to the Company’s 5- day VWAP AUD 0.11 to December 19, 2024. The Board recommends that CYB shareholders TAKE NO ACTION in relation to the 5GN Takeover Bid, whilst the Company works through the due diligence requirements of the Competing Takeover Proposal. After considering the terms of 5GN’s Offer and the matters, each Director unanimously recommends that shareholders reject 5GN’s Offer. The offer is unconditional and will remain open for acceptance. The Offer will commence on Thursday, January 6, 2025 and end on Thursday, February 6, 2025, unless the Offer is withdrawn or extended in accordance with the Corporations Act. On January 28, 2025, 5G Networks Limited increased its offer to from AUD 0.11 to AUD 0.135 per share. 5GN has also announced that this is its final offer price and that it will not extend the offer period unless required to do so under the Corporations Act and is scheduled to close at 4:00 pm (Melbourne time) on Thursday, February 6, 2025. Until this time, AUCyber shareholders should take no action. The board of directors of AUCyber Limited has approved the transaction.
Link Market Services Limited acted as transfer agent/registrar for 5G Networks Limited. Cornwalls acted as legal advisor for 5G Networks Limited. Latimer Partners as financial adviser and Baker McKenzie as legal adviser in relation to its takeover defense for AUCyber Limited.
5G Networks Limited (ASX:5GN) completed the acquisition of 68.26% stake in AUCyber Limited (ASX:CYB) for AUD 15.1 million on February 17, 2025. Annuncio • Jan 30
Brennan IT Pty Limited cancelled the acquisition of AUCyber Limited (ASX:CYB). Brennan IT Pty Limited proposed to acquire AUCyber Limited (ASX:CYB) for AUD 22.9 million on December 24, 2024. A cash consideration valued at AUD 0.14 per share will be paid by Brennan IT Pty Limited. In a competing bid, 5G Networks Limited (ASX:5GN) proposed to acquire remaining 89.26% stake in AUCyber Limited (ASX:CYB) for AUD 16.1 million. As part of consideration, AUD 0.11 per share will be paid by 5G Networks Limited for 146,001,139 shares.
The offer is subject to satisfaction of due diligence, Ordinary course of business operations of AUCyber with no material changes to business operations or liabilities other than those previously disclosed to the market, no changes to AUCyber share capital as outlined in AUCyber latest Appendix 3G, and any securities other than ordinary shares will be acquired or cancelled for nominal consideration, AUCyber does not declare or pay any dividends or distributions, AUCyber does not make any acquisitions or disposals of any assets or business of a value greater than AUD 100,000, AUCyber aggregate transaction costs and expenses will not exceed AUD 1.7 million; and Credit approval from the bidder’s existing lender.
Latimer Partners Pty Ltd acted as financial advisor and Baker & McKenzie acted as legal advisor to AUCyber.
Brennan IT Pty Limited cancelled the acquisition of AUCyber Limited (ASX:CYB) on January 28, 2025. Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Craig Scroggie was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 27
Full year 2024 earnings released: AU$0.04 loss per share (vs AU$1.25 loss in FY 2023) Full year 2024 results: AU$0.04 loss per share (improved from AU$1.25 loss in FY 2023). Revenue: AU$10.8m (up 67% from FY 2023). Net loss: AU$19.7m (loss narrowed 7.4% from FY 2023). Annuncio • Aug 26
Sovereign Cloud Holdings Limited, Annual General Meeting, Oct 21, 2024 Sovereign Cloud Holdings Limited, Annual General Meeting, Oct 21, 2024. Location: at the offices of pitcher partners, level 38, 345 queen street, brisbane, queensland 4000, Australia New Risk • Jun 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$4.58m (US$3.06m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Market cap is less than US$10m (AU$4.58m market cap, or US$3.06m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Annuncio • Apr 15
Sovereign Cloud Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 30.032974 million. Sovereign Cloud Holdings Limited has completed a Follow-on Equity Offering in the amount of AUD 30.032974 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 700,000,000
Price\Range: AUD 0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 95,000,000
Price\Range: AUD 0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 206,099,125
Price\Range: AUD 0.03
Transaction Features: Rights Offering Annuncio • Mar 19
Sovereign Cloud Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 30.036959 million. Sovereign Cloud Holdings Limited has filed a Follow-on Equity Offering in the amount of AUD 30.036959 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,001,231,982
Price\Range: AUD 0.03
Transaction Features: Rights Offering New Risk • Feb 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.9m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (-AU$23m free cash flow). Shares are highly illiquid. Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Market cap is less than US$10m (AU$14.9m market cap, or US$9.74m). Minor Risk Revenue is less than US$5m (AU$6.5m revenue, or US$4.2m). Board Change • Jan 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CEO, MD & Director Peter Maloney was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CEO, MD & Director Peter Maloney was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 31
Sovereign Cloud Holdings Limited Announces Resignation of Philip Dawson, Director Sovereign Cloud Holdings Limited, provides notice that Founder & Company Director Mr. Philip Dawson, having made a family decision to spend more time in the UK, has resigned effective 31 March 2024. The notice period allows for Mr. Dawson to continue to work with the Board, the CEO and the AUCloud senior leadership team for an effective transition. Mr. Dawson moved to Canberra, from the UK, in 2017 and founded AUCloud, and has led every aspect of the company from its' formative stages, through to its' eventual ASX listing in December 2020 and since February 2023 transition from the CEO role to Executive Director. Annuncio • Aug 24
Sovereign Cloud Holdings Limited, Annual General Meeting, Oct 24, 2023 Sovereign Cloud Holdings Limited, Annual General Meeting, Oct 24, 2023, at 10:00 E. Australia Standard Time. Location: Pitcher Partners, Level 38, 345 Queen Street Brisbane Queensland Australia Reported Earnings • Aug 24
Full year 2023 earnings released: AU$0.13 loss per share (vs AU$0.11 loss in FY 2022) Full year 2023 results: AU$0.13 loss per share (further deteriorated from AU$0.11 loss in FY 2022). Revenue: AU$6.48m (up 53% from FY 2022). Net loss: AU$21.3m (loss widened 37% from FY 2022). New Risk • Jun 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Shares are highly illiquid. Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$4.7m revenue, or US$3.1m). Market cap is less than US$100m (AU$18.7m market cap, or US$12.4m). Annuncio • Jun 03
Sovereign Cloud Holdings Limited Appoints Mr. Theo Tragoudistakis as Finance Director Commencing 12 June 2023 Sovereign Cloud Holdings Limited announced the appointment of Mr. Theo Tragoudistakis as its new Finance Director commencing 12 June 2023.Mr Tragoudistakis is an experienced finance executive having most recently been Director of Finance, Australia for Dye & Durham, and prior to that he was Group Accountant Collins Foods Limited. Mr. Tragoudistakis is a Chartered Accountant. Board Change • Apr 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CEO, MD & Director Peter Maloney was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 03
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CEO, MD & Director Peter Maloney was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 22
First half 2023 earnings released: AU$0.06 loss per share (vs AU$0.058 loss in 1H 2022) First half 2023 results: AU$0.06 loss per share (further deteriorated from AU$0.058 loss in 1H 2022). Revenue: AU$2.62m (up 23% from 1H 2022). Net loss: AU$10.3m (loss widened 64% from 1H 2022). Board Change • Jan 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Craig Scroggie was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Craig Scroggie was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Craig Scroggie was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Full year 2022 earnings released: AU$0.11 loss per share (vs AU$0.13 loss in FY 2021) Full year 2022 results: AU$0.11 loss per share. Revenue: AU$4.68m (up 84% from FY 2021). Net loss: AU$15.5m (loss widened 34% from FY 2021). Board Change • Aug 15
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Craig Scroggie was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.