Key Highlights

• TALi Digital proposes to acquire Datasphere and enter AI-assisted data-processing technology.

• Datasphere holds an option to license technology rather than an executed intellectual-property licence.

• The Acquisition and associated securities issues remain subject to Shareholder approval.

• A Placement and share purchase plan are intended to fund the proposed strategic shift.

Tali Digital changed hands at 11 cents on 8 September 2026, a level that would have looked implausible to anyone who watched the attention-training minnow trade at a fraction of a cent a year earlier. The arithmetic has changed as much as the story.

Market data compiled by MarketScreener puts the shares at A$0.11 on that date, up about 22 per cent over the preceding five sessions and roughly 96 per cent for the year to date. Simply Wall St valued the whole company at about A$5.1 million.

That is a Market Capitalisation smaller than many suburban property sales, attached to a Business that has spent 2026 rewriting what it sells.

From attention Training to in-memory computing

Listed since 2004 and formerly known as Avexa and then Novita Healthcare, Tali built its identity around ReadyAttentionGo!, a digital therapeutic for attention skills in children aged three to ten. It moved into schools by acquiring You Can Do It! Education in mid-2025.

The pivot came on 24 August 2026, when the company lodged an announcement titled TALi Acquires Datasphere and Launches $3.3m Raise, four days after a trading halt. Datasphere Analytics Pty Ltd holds an option to license memristive in-memory computing technology, which Tali said it intends to fold into a secure, artificial-intelligence-assisted data processing platform.

The distinction matters: an option to license is not owned intellectual property or an executed licence, and the acquisition still requires shareholder approval.

A consolidation makes the old chart meaningless

ASX records show Tali lodged a Consolidation/Split notice on 31 October 2025. Any comparison between the 11 cents seen on 8 September 2026 and the sub-cent prices carried before that date is misleading: the units are not the same.

The consolidation ratio was not stated in the sources retrieved for this article. Pre-November 2025 price history needs restatement before it can be read as evidence of a genuine re-rating.

Thin Revenue and a widened loss

The full-year result lodged on 26 August 2026 describes a company nowhere near self-funding. Data aggregated by MarketScreener shows revenue of about A$275,000 for the year to 30 June 2026 against a net loss of roughly A$2.21 million, a net cash position near A$978,000 and some 46.7 million shares on issue.

Simply Wall St flags dilution of around 42 per cent over the past year and average weekly share price movement near 19 per cent. On those figures the cash balance covers well under a year of losses, which is why the raise exists.

No announcement explains the session

The last filing before 8 September came on 1 September, when Tali lodged a Security Purchase Plan Prospectus and an update on a proposed issue of securities. Nothing further appeared on the ASX platform before the 8 September snapshot.

On the available evidence, no company disclosure establishes a catalyst for that session. HotCopper ranking tables reflect forum discussion volume, not continuous disclosure, and should not be read as company information.

What is actually confirmed next

The share purchase plan seeks up to A$500,000 from eligible Australian and New Zealand holders at 5 cents a share, with applications between A$2,500 and A$30,000 and one free option for every three shares subscribed. It closes at 5pm AEST on 22 September 2026. Directors David Brookes and George Rolleston intend to subscribe for the maximum, and 62 Capital is lead manager.

That 5 cent price sits well below the 11 cent market level, a gap worth weighing. A notice of general meeting was lodged on 27 August 2026 to seek the approvals the issue and acquisition require.

The company itself described an Investment in its securities as highly speculative. The near-term checkpoints are the general meeting vote, the SPP close, completion of the Datasphere transaction and whether the licensing option is exercised on commercial terms.