Dubber Corporation's Trading Halt Request

Dubber Corporation Limited (ASX:DUB) has requested a trading halt from the commencement of trading today. The trading halt is pending an announcement by the company in relation to a capital raising program, specifically an underwritten pro-rata accelerated non-renounceable entitlement offer and two-tranche placement. The halt will remain in place until the earlier of the commencement of normal trading on Tuesday, 15 October 2024, or when the company releases the intended announcement.

Executive Commentary

Dubber Corporation Limited has requested a trading halt to facilitate the announcement of a capital raising program. The company is looking to provide further details on an underwritten pro-rata accelerated non-renounceable entitlement offer and a two-tranche placement. This strategic move aims to support the company's growth and development initiatives. We believe this will enable us to strengthen our financial position and pursue our long-term objectives effectively.

Summary of Trading Halt Request

Dubber Corporation Limited (ASX:DUB) has requested a trading halt to announce a capital raising program, including an underwritten pro-rata accelerated non-renounceable entitlement offer and a two-tranche placement. The halt is expected to be lifted by the commencement of normal trading on Tuesday, 15 October 2024, or upon the release of the intended announcement. This initiative reflects the company's commitment to fortifying its financial standing and supporting its growth strategies. The market awaits the forthcoming announcement to gain insights into Dubber Corporation's future endeavors and the potential impact on its corporate trajectory.