Latest Technology Sector News

Frontier Digital Ventures is narrowing its focus to core classifieds, cutting loss-making units and revising FY25 earnings guidance to reflect a significant net loss. The company also reveals a potentially dilutive employee share plan in its Latin America subsidiary.

Spenda Limited has successfully raised $1.4 million through a private placement, attracting both new and existing sophisticated investors to support its product development and working capital needs.

Norwood Systems has successfully raised $650,000 through an oversubscribed share placement, aiming to fuel its market growth and strategic partnerships in AI-driven voice communication.

Cluey Ltd has formalised its acquisition of Education Futures Group, the parent of Art of Smart, in a deal valued up to $6.5 million combining cash and shares. Completion is expected by January 2026, contingent on conditions and an ongoing entitlement offer.

EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.

Infomedia Ltd has been officially acquired by McQueen BidCo, with shareholders receiving $1.671 per share following dividend adjustments. The company is now delisted from the ASX, marking a significant transition under new ownership.

Optiscan Imaging Ltd has initiated Australia’s first intra-operative head and neck cancer imaging study using its advanced InVue® and InForm™ devices, aiming to enhance surgical precision and support FDA regulatory submissions.

JAYRIDE Group Limited has raised $935,000 through a share placement and convertible notes, signaling strong shareholder confidence as it advances toward ASX reinstatement and regional SaaS growth.

Linius Technologies, soon to be Ion Video Limited, appoints Sophie Karzis as company secretary and Canaccord Genuity as corporate advisor, signaling a strategic push in governance and capital markets engagement.

Victory Metals reports breakthrough kinetic leach results at North Stanmore, extracting ~80% of rare earths in 30 minutes versus the previous 4-hour benchmark, promising lower costs and stronger project economics.

Atomos Limited has exercised 259.8 million options, raising $7.8 million to reduce its debt and boost confidence in hitting $23–25 million sales and positive EBITDA in the first half of 2026.

Cuscal Limited has completed its acquisition of Indue Limited, targeting significant cost synergies and board refreshment to strengthen its payments business.