Latest Australian Securities And Investments Commission News

Mad Paws Holdings Limited shares have been suspended from the ASX following court approval of its acquisition by Rover Group, Inc. This marks a significant milestone in the pet services sector consolidation.

Mad Paws Holdings has secured court approval for its acquisition by Rover Group, marking a key milestone with trading suspension imminent and cash payouts scheduled.

The Supreme Court of New South Wales has approved Rover Group’s acquisition of Mad Paws, marking a pivotal moment for Australia’s leading pet services marketplace. The scheme will become effective this week, triggering share suspension and a new chapter for Mad Paws.

Dubber Corporation Limited reported its first-ever positive net operating cashflow excluding exceptional items in Q1 FY26, supported by cost savings and a strong cash position. The company also expanded its partner network and targets operating cashflow breakeven this fiscal year.

Pro-Pac Packaging has entered voluntary administration, securing relief to defer its financial reporting and annual general meeting obligations for up to two years. This move pauses key corporate governance duties as the company navigates its restructuring.

Australian authorities have executed a search warrant at WiseTech Global's Sydney office amid an investigation into alleged insider trading involving the company's founder and employees. No charges have been filed, and the company pledges full cooperation.

Clime Investment Management has firmly rejected allegations of a formal ASIC investigation following a misleading media report, clarifying that only a preliminary inquiry occurred.

Apiam Animal Health Limited has entered a binding agreement with Adamantem Capital Fund II for a $228.4 million acquisition via a scheme of arrangement, offering shareholders a significant premium and flexible cash or scrip consideration options.

Duxton Farms has secured Federal Court approval to merge four private agricultural companies, setting the stage for a significant expansion in walnuts, dried fruits, orchards, and bees. The merger is expected to complete by the end of October, accompanied by new financing arrangements.

Aurumin Limited has obtained ASIC approval to extend its 2025 AGM deadline, aligning with the proposed acquisition by Brightstar Resources. This move sets the stage for a significant ownership change pending shareholder approval.

NSX Limited confirms the legal effectiveness of its acquisition by a Canadian entity, with trading suspended and shareholder payments scheduled.

Johns Lyng Group’s acquisition by Sherwood BidCo has been legally approved, triggering a suspension of JLG shares on the ASX. Shareholders are set to receive $4 per share or scrip consideration by late October.