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Cycliq funds Black Friday push with $1.5 million raise

8:57am on Tuesday 15th of September, 2026 AEST Consumer Electronics
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Cycliq funds Black Friday push with $1.5 million raise

8:57am on Tuesday 15th of September, 2026 AEST
Key Points
  • $1.5 million placement at 0.25 cents per share
  • 600 million new shares plus attaching options
  • Funds earmarked for Black Friday inventory, AI and product development
  • Placement price discounted 49.7% to 15-day VWAP
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