On 9 February 2023, Emu NL (ACN 127 291 927) (ASX:EMU, Emu or the Company) announced a non- renounceable pro-rata entitlement offer of approximately 762,753,174 fully paid, ordinary shares in the capital of the Company (FPO Shares) at an issue price of $0.002 per new FPO Share to Eligible Shareholders on the basis of 1 new FPO Share for every 1 ordinary share in the capital of the Company (Share) held as at 5.00pm (WST) on 14 February 2023 (Record Date) to raise up to approximately $1,525,506 (before costs and assuming no other Shares are issued before the Record Date) (Entitlement Offer).
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