Highlights
● Unith has received binding commitments from a consortium of strategic investors to raise approximately $1.85m via a share placement.
● Subject to shareholder approval, directors have committed to subscribe for at least $100,000 worth of shares on the same terms as the placement, demonstrating continued alignment with the company’s ongoing growth initiatives.
● Proceeds from the placement will accelerate Unith’s global growth by commercialising its rapidly expanding Digital Human Platform – which has seen over 1,100% YoY user growth whilst supporting strategic partnerships and sustained user acquisition through targeted marketing campaigns.
Details of the Share Placement
The Placement will result in the issue of 264,285,714 new fully paid ordinary shares at an issue price of $0.007 per share (Placement Shares). The Placement Shares will be issued under the Company’s placement capacity under ASX Listing Rules 7.1 (comprising 141,407,173 shares) and 7.1A (comprising 122,878,541 shares). Shares issued to investors will rank equally with existing shares on issue.
Subject to shareholder approval, investors will be eligible to receive two free-attaching options for every share subscribed (2-for-1 attaching options) on the following terms:
• Class 1 Options: Exercisable at $0.007, expiring 18 months from issue, and non-transferable.
• Class 2 Options: Exercisable at $0.015, expiring three years from issue, with quotation on the ASX to be sought subject to meeting ASX listing requirements, to be offered via a Prospectus.
The issue price of $0.007 per share represents a 17.65% discount to the last closing price of $0.0085 on 2 July 2025, and a 16.21% discount to the 15-day volume weighted average price (VWAP) of $0.008354 prior to the placement.
The funds raised will be strategically deployed to accelerate platform development and AI innovation, scale Unith’s presence through the expansion of key partnerships across Europe, LATAM, MENA, and Australia, launch targeted marketing campaigns to drive user acquisition and commercial momentum, and support ongoing operational growth through general working capital.
GBA Capital Pty Ltd (GBA Capital) and SP Corporate Advisory Pty Ltd (Spark Plus) acted as Joint Lead Managers and Corporate Advisors to the Placement. The Company will pay standard capital raising fees of 6% of funds raised and may issue 52,857,143 Class 1 Options and 52,857,143 Class 2 Options to the advisors, subject to shareholder approval.
Unith’s Executive Director, Scott Mison, Commented: “We are thrilled by the level of investor support afforded the Placement, with the Offer Price a quite respectable discount to Unith’s last close ahead of the trading halt announcement made last week. I personally want to welcome the new institutional, sophisticated and professional investors joining Unith’s share register by virtue of the Placement. They are coming on board as our team continues to implement a host of exciting platform development and AI innovation, commercial expansion, marketing and user expansion initiatives that are expected to steadily grow the revenue bases of both our Digital Human and B2C Subscriptions divisions. We now look forward to updating shareholders on key deliverables flowing from these initiatives over coming months.”
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About us:
About UNITH
UNITH is a leading digital human software developer. It unifies the research and development of facial movement deep learning, audio machine learning, and conversational design to generate the first customizable, interactive avatar of its kind.
Businesses can create their own digital humans to immerse, assist, and educate customers in real time and in multiple languages, all through one full stack platform.
For further information, please visit: unith.ai
Contact details:
For more information, please contact:
Unith Ltd
Scott Mison
Executive Director
M: + 61 410 594 349
E: [email protected]
Media & Investor Enquiries
The Capital Network
Julia Maguire
P: +61 7257 7338
E: [email protected]
