Key facts about OJC's ASX re-listing prospectus

The Original Juice Company (ASX:OJC) has lodged a prospectus as part of its re-listing on the Australian Securities Exchange. This move involves a merger with SPC Global Limited and Nature One Dairy's powdered milk business. OJC plans to raise between $1 million and $5 million through a capital raise of new shares.

Overview of OJC's merger and capital raise strategy

The Original Juice Company is undergoing a significant transformation by merging with SPC Global Limited and Nature One Dairy's powdered milk business. This merger, first announced in October 2024, aims to create a leading food and beverage company. To support this, OJC will raise up to $5 million through a capital raise involving new shares. The capital raise includes two offers: the Priority Offer for select investors and SPC employees, and the OJC Shareholder Offer for existing shareholders. The minimum application is $2,250 with offers opening on 25 November 2024 and closing on 5 December 2024. The merger is contingent upon several conditions including a minimum raise of $1 million and ASX re-quotation approval. OJC, known for its high-quality juices and advanced technologies, aims to expand its market presence both in Australia and globally.

Executive insights on OJC's strategic merger

This merger aims to establish a leading Australian and global food and beverage company.