ENL – Enlitic Inc.

had an insto “pass the hat around ” in Sept. Some significant holders dropped off, new one on board. Raised $22.4M

Thursday, 29 August 2024 : signed a binding conditional agreement to acquire US medical imaging data migration company, Laitek Inc., for a total consideration of US$4.95M (c.A$7.3M) consisting of:
• cash payment of US$4M (c.A$5.9M); and
• common stock of the Company to the value of US$950,000 (c.A$1.4M) subject to obtaining securityholder approval for the purposes of ASX Listing Rule 7.1..

now SPP for a mill or so more:

SPP will open Thursday, 17 October 2024, to eligible Enlitic CDI holders, who had a registered address in Australia or New Zealand on Enlitic’s register at Friday, 30 August 2024 to apply for up to $30,000 of New CDIs free of any brokerage, commission and transaction costs. Participation in the SPP is optional.

The New CDIs will be offered at an issue price of $0.05, being the same issue price as the Conditional Placement.

Proceeds from the SPP will be used for general corporate and working capital purposes and flexibility in implementing Enlitic’s strategic commercial objectives as outlined.