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OpenLearning raises $2.06 million as SaaS growth meets funding pressure

1:30pm on Tuesday 10th of November, 2026 AEDT • Technology
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OpenLearning raises $2.06 million as SaaS growth meets funding pressure

1:30pm on Tuesday 10th of November, 2026 AEDT
Key Points
  • 1-for-4 entitlement offer priced at $0.01 per share, with free attaching options
  • $430,000 placement brings the potential capital raise to $2.49 million
  • Cash fell to $204,000 at 30 September 2026, equivalent to 0.31 quarters of funding
  • ECA could increase its voting power to about 64.56% if other shareholders do not participate
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