공고 • Aug 19
Stakk Limited has completed a Follow-on Equity Offering in the amount of AUD 27 million. Stakk Limited has completed a Follow-on Equity Offering in the amount of AUD 27 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,227,272,728
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing 공고 • Jul 07
Stakk Limited (ASX:SKK) entered into a definitive agreement to acquire Parascript, LLC for $63 million. Stakk Limited (ASX:SKK) entered into a definitive agreement to acquire Parascript, LLC for $63 million on July 6, 2026. A cash consideration of $25 million will be paid by Stakk Limited. The consideration consists of common equity having a value of $19 million payable in fully paid ordinary shares in Stakk, to be issued at an implied issue price of A$0.022 per share; and $19 million payable as deferred cash consideration over a four-year period following completion. As part of consideration, $63 million is paid towards common equity of Parascript, LLC. Upon completion, the combined business will have a compelling advantage in enabling regulated organisations to replace multiple incumbent point. Stakk has secured firm commitments received for a $18.72 million institutional placement which, along with existing cash will fund the upfront cash component of the acquisition. Directors and Management are subscribing to $3.47 million of the Placement. Upon completion, ParaScript will become a wholly owned subsidiary of Stakk IQ, Inc. a wholly owned subsidiary of Stakk Limited. Following completion of the acquisition, the combined organisation will be supported by an experienced Board whose expertise spans public company governance, audit and risk, corporate finance, legal, technology and regulated industries.
The leadership team will be further strengthened through the addition of ParaScript's senior technical executives, including its Chief Operating Officer and Chief Data Scientist.
The transaction remains subject to approval by Stakk shareholders, customary closing conditions and other matters described in this announcement. This announcement is approved by Stakk Limited board of directors.
Canaccord Genuity (Australia) Limited is acting as financial advisor and Bookrunner, with Oakley Capital Partners Limited and Evolution Capital Pty Ltd acting as financial advisor to Stakk Limited. 공고 • Jul 06
Stakk Limited has filed a Follow-on Equity Offering in the amount of AUD 22 million. Stakk Limited has filed a Follow-on Equity Offering in the amount of AUD 22 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,000,000,000
Price\Range: AUD 0.022
Discount Per Security: AUD 0.00132
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Jun 04
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 17% 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 (17% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$3.6m revenue, or US$2.6m). Market cap is less than US$100m (AU$96.7m market cap, or US$69.0m). Board Change • May 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Founder, MD, CEO & Director Andy Taylor is the most experienced director on the board, commencing their role in 2020. Independent Director Kasey Kaplan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. New Risk • May 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Revenue is less than US$5m (AU$3.6m revenue, or US$2.6m). Market cap is less than US$100m (AU$62.4m market cap, or US$44.8m).