Simble Solutions has finalized its acquisition of Next Nano, issuing 600 million shares to the vendor, while also completing a $2.5 million two-tranche placement with attaching options.
- Acquisition of Next Nano completed with 600 million shares issued
- Tranche 2 placement raised $1.55 million at $0.005 per share
- Placement investors received 1 free option per 3 shares exercisable at $0.01
- Directors subscribed for $150,000 worth of shares and options
- Lead manager 62 Capital received 150 million options as part of placement
Next Nano Acquisition Finalised with Significant Equity Issuance
Simble Solutions Limited (ASX:SIS) has officially completed the acquisition of 100% of Next Nano Pty Ltd, a move first flagged in December 2025. In line with the agreed terms, Simble issued 600 million fully paid ordinary shares to Dr David Pevcic, the vendor of Next Nano. This transaction marks a substantial increase in Simble's equity base and signals a strategic push into nanotechnology-enabled sustainability solutions.
Placement Raises $2.5 Million to Support Growth
Alongside the acquisition, Simble wrapped up Tranche 2 of its placement, raising an additional $1.55 million through the issue of 310 million shares at $0.005 each. This follows the earlier Tranche 1 completed in January 2026, which raised $950,000. The combined $2.5 million capital raise was approved by shareholders in March and includes free attaching options exercisable at $0.01, expiring in three years. Investors received one option for every three shares held, totaling 166.7 million options across both tranches.
Directors Faldi Ismail, Fadi Geha, and Stephen Thornhill participated in the placement, subscribing for 30 million shares and 10 million options, injecting $150,000 on the same terms as other investors. The lead manager, 62 Capital, was granted 150 million options as part of its role in the placement.
Strategic Implications for Simble’s Sustainability Software Platforms
The acquisition of Next Nano, which brings exclusive rights to advanced nanosensor technology, complements Simble’s existing CarbonView and SimbleSense platforms. CarbonView enables enterprise-grade carbon and sustainability reporting, while SimbleSense integrates hardware and software for real-time energy monitoring and control. This deal aligns with Simble’s ambition to deepen its hardware capabilities and expand its footprint in energy efficiency and carbon reduction solutions.
Simble’s recent capital raising and acquisition build on the company’s ongoing efforts to scale its IoT and sustainability offerings, following a steady operational performance in late 2025. The move also ties into the company’s international expansion, with offices in Australia, the UK, and Vietnam. This transaction and capital raise were foreshadowed in the company’s earlier $2.65m two-tranche placement and reflect a continued focus on integrating innovative nanotechnology into its product suite.
Bottom Line?
Simble’s acquisition and capital raise mark a pivotal step in scaling its sustainability tech, but investors should watch for integration progress and the impact on earnings.
Questions in the middle?
- How will the integration of Next Nano’s nanosensor technology influence Simble’s product roadmap?
- What are the financial impacts of the acquisition on Simble’s upcoming earnings reports?
- Will the expanded equity base and attaching options affect share liquidity and valuation?