Ion Video Ltd to Issue 2 Million Shares and 3.2 Million Options at $0.50 on 18 December 2026

Anjali Anand

11 November 2026 12:32 PM AEDT

Ion Video Ltd to Issue 2 Million Shares and 3.2 Million Options at $0.50 on 18 December 2026

Image Source: Krish Capital Pty Ltd

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Ion Video Ltd (ASX:IOV) has lodged a proposed securities issue disclosure with ASX, detailing a placement of 2,000,000 fully paid ordinary shares at AUD $0.50 each and 3,200,000 free attaching options, with a proposed issue date of 18 December 2026.

Key Points

Ion Video Ltd proposes to issue 2,000,000 fully paid ordinary shares at AUD $0.50 per share.
3,200,000 free attaching options will accompany the placement, with an exercise price of AUD $1.25 and an expiry date of 30 June 2027.
The proposed issue date for both securities is 18 December 2026.
The securities are proposed to be issued using the company's 15% placement capacity under ASX Listing Rule 7.1, without security holder approval.
Proceeds are intended to fund a strategic validation program for the company's technology suite and working capital.

Placement Terms and Securities Structure

According to the filing, Ion Video Ltd proposes to issue 2,000,000 fully paid ordinary shares in an existing class at an issue price of AUD $0.50 per security, with consideration to be paid in Australian dollars. The filing states the shares will rank equally in all respects from their issue date with existing issued securities in the same class. The placement is described as being issued without security holder approval, utilising the company's 15% placement capacity under ASX Listing Rule 7.1. No lead manager, broker, or underwriter is attached to the proposed issue, and the company disclosed no other material fees or costs in connection with the placement.

Free Attaching Options Details

The filing discloses that 3,200,000 free attaching options will be issued as part of the placement. The options represent a new class of securities, with an exercise price of AUD $1.25 each and an expiry date of 30 June 2027. If exercised, each option will convert into one fully paid ordinary share in Ion Video Ltd (ASX:IOV). The options are being issued for a nominal consideration described as free attaching options as part of the placement, with an estimated AUD equivalent consideration of $0.000001. The filing states the company will seek quotation of the new class of options on ASX. All securities issued in this class will rank equally in all respects from their issue date.

Purpose of the Proposed Issue

The filing states that the purpose of the securities issue is to fund a strategic validation program for Ion Video Ltd's technology suite and to provide working capital. The proposed issue date for both the ordinary shares and the free attaching options is 18 December 2026. The filing confirms the securities will not be subject to restricted securities provisions or voluntary escrow arrangements. The company also disclosed that any on-sale of the proposed securities within 12 months of their date of issue will comply with secondary sale provisions under the Corporations Act via the publication of a cleansing notice. The company stated it will not be changing its dividend or distribution policy if the proposed issue proceeds.

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