Schoolblazer Limited Issues 14.4 Million Shares at $0.10 Each Under Section 708A Notice

Manish Choudhary

10 November 2026 12:56 PM AEDT

Schoolblazer Limited Issues 14.4 Million Shares at $0.10 Each Under Section 708A Notice

Image Source: Krish Capital Pty Ltd

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Schoolblazer Limited (ASX:SBZ) has issued 14,411,764 fully paid ordinary shares at an issue price of $0.10 per share to sophisticated and professional investors, with the company lodging a formal notice under section 708A(5)(e) of the Corporations Act 2001 on 10 November 2026.

Key Points

Schoolblazer issued 14,411,764 fully paid ordinary shares on 10 November 2026 at $0.10 per share
Shares were issued to sophisticated and professional investors without disclosure under Part 6D.2 of the Corporations Act
The company confirmed compliance with Chapter 2M and sections 674 and 674A of the Corporations Act as at the date of the notice
The company stated there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act required to be disclosed

Section 708A Notice Details

Schoolblazer Limited lodged a notice under section 708A(5)(e) of the Corporations Act 2001 confirming the issue of 14,411,764 fully paid ordinary shares on 10 November 2026. The shares were issued at $0.10 per share to sophisticated and professional investors, being recipients to whom no disclosure is required under the Corporations Act. The notice was authorised for release by the Board of Schoolblazer Limited. The filing states that the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act.

Corporations Act Compliance Confirmation

As at the date of the notice, Schoolblazer confirmed compliance with the provisions of Chapter 2M of the Corporations Act as they apply to the company, as well as compliance with sections 674 and 674A of the Corporations Act. The company also stated that, as at the date of the notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that is required to be disclosed by Schoolblazer. These confirmations form part of the statutory requirements under the section 708A(5)(e) notice framework.

Share Issue Terms and Investor Categories

The 14,411,764 fully paid ordinary shares were issued specifically to sophisticated and professional investors, categories of investors defined under the Corporations Act as those to whom an offer may be made without a disclosure document. The issue price was set at $0.10 per share. The filing does not disclose the purpose for which the proceeds of the share issue will be applied, nor does it provide details of the total number of shares on issue following the placement. The notice was dated 10 November 2026 and addressed to the Company Announcements Office of the Australian Securities Exchange.

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