How AdNeo’s $5.5M Raise and Learnt Deal Could Reshape Vocational Education

• Completed $5.5 million equity placement at $0.045 per share with free attaching options
• Acquisition of Learnt Global via 100% scrip deal valued at $5.8 million (1.0x FY25 revenue)
• Revenue base doubled to approximately $11 million with expanded vocational education footprint
• Debt reduced by 57% through $1.5 million debt-to-equity conversion and extended repayment terms