Latest Technology Sector News

Inventis Limited has requested a voluntary suspension of its shares on the ASX to finalize an important announcement following regulatory queries. The suspension will last until the announcement is released or trading resumes on 27 June 2025.

Bailador Technology Investments has boosted the carrying value of its DASH investment by 49%, following a fresh capital raise at a significantly higher valuation. This uplift reflects DASH’s growing footprint in Australia’s wealth management technology sector.

DroneShield has landed its largest-ever contract worth $61.6 million from a European military reseller, surpassing its entire 2024 revenue. Delivery is slated for Q3 2025, marking a significant milestone in the company's growth trajectory.

DTI Group has successfully closed a fully underwritten entitlement offer, raising $2.69 million to support its transit technology ambitions. The offer saw strong shareholder participation alongside a managed shortfall placement.

Fortifai Limited has successfully raised $2.3 million through an upsized share placement, aiming to bolster its AI Gaming Lab and technology partnerships. The capital injection will support ongoing operations and strategic growth initiatives.

HITIQ Limited has closed its pro-rata rights issue, raising $360,426 before costs, and is now focusing on placing the remaining shortfall of shares within three months.

Sunrise Energy Metals has secured $6 million through a placement and is seeing strong support for its Share Purchase Plan, aiming to fast-track the Syerston Scandium Project feasibility study by Q3 2025.

BirdDog Technology has postponed its shareholder meeting to July 22, raising its share buy-back price by 40% to 7 cents ahead of a proposed ASX delisting. Major shareholders back the move, signaling strong support for the company’s exit plan.

Shift4 Payments, LLC has entered into a definitive scheme implementation agreement to acquire Smartpay Holdings Limited at NZ$1.20 per share, subject to regulatory and shareholder approvals. The transaction outlines a detailed timetable and conditions, including Overseas Investment Office consent and court sanction.

Inventis Limited has agreed to sell its Electronic Circuit Designs division for A$2.4 million, while retaining an option to repurchase the business within a year. The move aims to reduce debt and streamline operations ahead of a planned technology-driven growth phase.

NEXION Group has issued 800,000 convertible notes to raise $80,000, aiming to fund costs related to a proposed acquisition. The notes carry a 10% interest rate and may be repaid in cash or converted into shares and options, pending shareholder approval.

Simble Solutions Limited has resumed trading on the ASX following the announcement of its capital raise details, ending a recent suspension.