Gratifii's Replacement Prospectus for $5.5 million offer

Gratifii Limited (ASX:GTI) has issued a Replacement Prospectus for a partially underwritten accelerated non-renounceable pro-rata entitlement offer to raise approximately $5.5 million. The offer is for 1 new share for every 1.28 shares held at an offer price of $0.004 per new share. The prospectus provides details of the placement and offers, including key dates, frequently asked questions, and the effect of the placement and offers on the company.

CEO and Managing Director's letter to shareholders

The CEO and Managing Director has provided a letter to shareholders, outlining the details of the offer and the intended use of funds. The Replacement Prospectus replaces the previously lodged prospectus dated 9 September 2024 and includes details of the Sub-Underwriter's holdings, percentage shareholding, and new ASX announcements. The company has appointed MST Financial as the lead manager and underwriter for the offers, and the offers are partially underwritten by MST Financial up to $2,945,377.20.

Outlook and corporate strategy

Gratifii Limited has issued a Replacement Prospectus for a $5.5 million offer, providing details of the underwritten pro-rata entitlement offer. The company aims to raise funds through this offer and has appointed MST Financial as the lead manager and underwriter. The prospectus includes information on the institutional offer, retail offer, shortfall offer, and the effect of exercise of convertible securities. Shareholders are advised to carefully consider the risk factors outlined in the prospectus and seek professional advice before deciding to invest in new shares. The company's CEO and Managing Director has provided a letter to shareholders, outlining the details of the offer and the intended use of funds. Additionally, the company has entered into binding share sale agreements to acquire Club Connect and Rapport and will be holding an extraordinary general meeting in connection with the Placement, Offers, and the Club Connect and Rapport acquisitions.