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EOS Settles ASIC Probe with $4 Million Penalty, Eyes Fresh Start

9:14am on Wednesday 26th of November, 2025 AEDT Defence
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EOS Settles ASIC Probe with $4 Million Penalty, Eyes Fresh Start

9:14am on Wednesday 26th of November, 2025 AEDT
Key Points
  • Settlement reached with ASIC over 2022 revenue guidance disclosures
  • Agreed $4 million penalty pending Federal Court approval
  • Company accepts breaches of continuous disclosure obligations
  • Leadership overhaul completed in late 2022 to strengthen governance
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