Latest AO1 News

AssetOwl Limited has locked in a $281,654 convertible note funding from a related party, adding to its financing options as it navigates shareholder approval and potential share dilution.

AssetOwl Limited has had over $700,000 of debt forgiven by two lenders, significantly reducing its borrowings and strengthening its financial position.

AssetOwl Limited has increased its funding facility with Pacific Equity Investors Inc from $700,000 to $1 million, enhancing its financial flexibility to support recent contract wins.

AssetOwl Limited has secured two new technology development contracts worth over A$550,000, marking a strategic push into sustainable energy solutions. Executive Director Bevan Dooley will spearhead these initiatives, signaling a renewed focus on innovation and growth.

AssetOwl Limited proposes converting $163,411 of debt into 100 million new shares, continuing its strategic debt reduction efforts ahead of shareholder approval.

AssetOwl Limited reports a modest net profit for FY2025, driven by a significant gain on debt extinguishment, while grappling with ASX suspension and ongoing going concern challenges.

AssetOwl has slashed over $700,000 in debt through a substantial share issuance while reactivating its Pirsee platform to explore new industry applications.

AssetOwl Ltd reports a cautious quarter marked by debt renegotiations with related parties, board changes, and a tight cash position as it seeks to revive shareholder value.

AssetOwl Limited has appointed new directors and secured a $300,000 loan facility as it undertakes a strategic review to revive shareholder value amid a quiet quarter.