Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%
Lithium
45.16
1.35%
Gold
2,672.70
0.4%
Copper
4.24
2.36%
Oil
69.30
1.67%
Bitcoin
93,940.62
(2%)
FTSE 100
8,386.82
0.89%
Nikkei 225
39,248.86
1.29%
Dow Jones
44,782.00
(0.32%)
Iron Ore
105.10
0.47%
USD/AUD
0.65
0.15%
Hang Seng
19,746.32
0.82%

BikeExchange (ASX: $BEX) completes institutional offer

BikeExchange completes institutional offer


BikeExchange Ltd (ASX: $BEX) has successfully completed the institutional component of its capital raising, aiming to raise up to A$3.17 million in total. The Institutional Entitlement Offer raised approximately $1.13 million by issuing approximately 2,252,740 New Shares at $0.50 per New Share. The Shares are expected to be issued on 5 March 2024.

Executive Commentary on Completion of Institutional Offer


We are pleased to have successfully completed the institutional component of our capital raising. The funds raised will support our ongoing initiatives and strategic growth plans. We look forward to the participation of eligible retail shareholders in the upcoming Retail Entitlement Offer, which is set to open on 6 March 2024.

Summary of BikeExchange's Institutional Offer Completion


BikeExchange Ltd (ASX: $BEX) has successfully completed the institutional component of its capital raising, raising approximately $1.13 million. The retail component of the Entitlement Offer is set to open on 6 March 2024, offering eligible retail shareholders the opportunity to subscribe for 1 New Share for every 3 existing shares at A$0.50 per New Share. The Board reserves the right to scale back applications for additional New Shares at its absolute discretion. The completion of the institutional offer marks a significant step in BikeExchange's strategic growth plans, and the Company looks forward to the participation of eligible retail shareholders in the upcoming Retail Entitlement Offer.

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