TALi Digital has acquired the You Can Do It! Education program, integrating social-emotional learning into its digital health platform, supported by a $1.5 million equity raise to fund growth and technology reintegration.
- Acquisition of You Can Do It! Education for $1.34 million cash
- Equity raising of up to $1.5 million via placement and entitlement offer
- Integration of YCDI! social-emotional learning with TALi’s cognitive attention technology
- Reintegration of TALi’s technology following partner Genius’s voluntary administration
- No changes to TALi’s board or senior management post-acquisition
Strategic Acquisition to Broaden Educational Impact
TALi Digital Limited (ASX, TD1), an emerging player in digital health focused on cognitive attention, has taken a decisive step to broaden its educational technology footprint by acquiring the Australian-developed You Can Do It! Education (YCDI!) program. The acquisition, valued at $1.34 million in cash, brings a well-established social-emotional learning curriculum into TALi’s portfolio, complementing its existing cognitive attention tools aimed at early childhood development.
YCDI! is recognised for its evidence-based approach to fostering key social and emotional skills such as confidence, persistence, organisation, and resilience in children aged 3 to 18+. With over one million students having participated in its programs, YCDI! offers digital curricula aligned with the Australian education curriculum and is endorsed by initiatives like Beyond Blue's Be You.
Funding Growth and Technology Reintegration
To support this acquisition and ongoing commercialisation efforts, TALi is raising up to $1.5 million through a combination of a private placement and a pro-rata entitlement offer to existing shareholders. The funds will not only facilitate the integration of YCDI! but also enable TALi to reintegrate its proprietary technology internally. This move follows the voluntary administration of Genius Learning Pty Ltd, TALi’s former strategic partner responsible for aspects of product development and marketing.
The reintegration is expected to cost between $300,000 and $500,000, although this estimate remains subject to change. TALi plans to rebuild internal capabilities to manage its Ready-Attention-Go (RAGo) app and related technology, aiming for greater control and scalability in delivering its digital health solutions.
Maintaining Stability Amid Change
Importantly, TALi has confirmed that there will be no changes to its board or senior management as a result of the acquisition. The company will engage one of the sellers to provide transitional services for six months to ensure a smooth handover. TALi’s leadership emphasises that the acquisition aligns with its strategy to restore shareholder value by integrating complementary educational technologies and expanding its reach within the education sector.
With the acquisition expected to complete around 18 June 2025, TALi is positioning itself to offer a more comprehensive suite of digital tools that address both cognitive attention and social-emotional learning, two critical components of childhood development and academic success.
Looking Ahead
The success of this acquisition and equity raising will hinge on TALi’s ability to effectively integrate YCDI!’s programs and reintegrate its technology platform internally. The company’s next steps include releasing detailed information about the entitlement offer and updating the market on reintegration progress. Investors will be watching closely to see how these initiatives translate into revenue growth and market positioning in the competitive digital education and health technology landscape.
Bottom Line?
TALi’s acquisition and capital raise mark a pivotal moment as it seeks to unify cognitive and social-emotional learning under one digital health umbrella.
Questions in the middle?
- How will TALi measure the success of integrating YCDI! into its existing platform?
- What are the risks and timelines associated with reintegrating TALi’s technology post-Genius administration?
- Will the equity raising fully support TALi’s commercialisation and growth ambitions in the near term?