Share Purchase Plan Prospectus
Released
Released
Announcement PDF
AMPLIA THERAPEUTICS LIMITED
ACN 165 160 841
PROSPECTUS
This Prospectus is being issued for an offer of New Shares to Eligible Shareholders
under a Share Purchase Plan (SPP) at the SPP Offer Price to raise $2.5 million, with
the ability to accept over-subscriptions of up to an additional $7.5 million worth of
New Shares.
This Prospectus also includes the SPP Shortfall Offer.
The SPP and the SPP Shortfall Offer are conditional on Shareholder approval.
The Closing Date of the SPP is 5.00pm on Friday, 22 August 2025.
The SPP and the SPP Shortfall Offer are being lead managed,
but not underwritten, by Bell Potter Securities Limited.
IMPORTANT INFORMATION
This Prospectus is important and should be read in its entirety. If after reading this Prospectus you
have any questions about the securities being offered under this Prospectus or any other matter, then
you should consult your stockbroker, accountant or other professional adviser.
The Shares offered under this Prospectus should be considered as speculative.
Not for release to US wire services or distribution in the United States
amtl0001_2500183_057.docx
IMPORTANT NOTICE
Prospectus
This Prospectus relates to the offer of new, fully paid ordinary shares (New Shares) by Amplia Therapeutics Limited ACN 165
160 841 (Amplia or Company) under the SPP and the SPP Shortfall Offer.
The offer made under this Prospectus is only being made Eligible Shareholders (in relation to the SPP) or Institutional Investors
selected by the Lead Manager and the Company (in relation to the SPP Shortfall Offer). It is not being made to the general public.
The SPP is not underwritten.
This Prospectus is dated Friday, 1 August 2025 (Prospectus Date) and a copy of the Prospectus was lodged with the Australian
Securities and Investments Commission (ASIC) on that date. The expiry date of the Prospectus is 5.00pm (Melbourne time) on
the date that is 13 months after the date of this Prospectus (Expiry Date). No securities will be issued on the basis of this
Prospectus after the Expiry Date.
Transaction-specific Prospectus
This Prospectus is a ‘transaction-specific’ prospectus to which the special content rules under section 713 of the Corporations Act
2001 (Corporations Act) apply. This allows the issue of a concise prospectus in relation to an offer of securities in a class which
has been continuously quoted by the Australian Securities Exchange (ASX) in the three months prior to the date of the
prospectus. This Prospectus does not include all of the information that would be disclosed for an initial public offering of
securities. An application for admission of the New Shares to quotation on the ASX has been made to ASX (on 23 July 2025).
ASX maintains a database of publicly available information issued by the Company as a disclosing entity. This Prospectus should
be read in conjunction with that information. None of ASIC, ASX or their respective officers, take any responsibility for the
contents of this Prospectus or the merits of the securities to which this Prospectus relates.
ASIC Instrument 2019/547
In certain circumstances, a listed company may undertake a share purchase plan in accordance with ASIC Corporations (Share
and Interest Purchase Plans) Instrument 2019/547 (Instrument 2019/547). Instrument 2019/547 allows a share purchase plan to
be conducted without the use of a prospectus for a maximum of $30,000 worth of securities to a participant in a 12 month period.
The Company is unable to rely on Instrument 2019/547 for the SPP because the SPP exceeds the monetary limit under
Instrument 2019/547 as it is for up to $100,000 worth of New Shares to Eligible Shareholders.
Accordingly, the Company is undertaking the SPP under this Prospectus.
SPP is conditional on Shareholder approval
The SPP is conditional on Shareholder approval for the purposes of ASX Listing Rule 7.1.
This is because Amplia utilised substantially all of its capacity under ASX Listing Rules 7.1 and 7.1A under the Placement and is
not entitled to rely on ASX Listing Rule 7.2, Exception 5 because Eligible Shareholders are being offered up to $100,000 worth of
New Shares under the SPP.
The resolution to approve the SPP (and the SPP Shortfall Offer) will be considered at the AGM. If the SPP is not approved at the
AGM it will not proceed.
Exposure period and cooling off rights
No exposure period applies to this Prospectus by operation of ASIC Corporations (Exposure Period) Instrument 2016/74.
Cooling off rights do not apply to an investment in New Shares. You cannot withdraw your Application once it has been received.
Obtaining a Prospectus and Application Form
Applications for New Shares offered pursuant to this Prospectus can be submitted on an Application Form. Eligible Shareholders
will be able to access a personalised Application Form at www.computersharecas.com.au/ATXSPP2025. The Application Form
will be accompanied by a copy of the Prospectus, which will also be available from the ASX website (www.asx.com.au). Paper
copies of this Prospectus and an Application Form can be obtained free of charge during the Offer Period by contacting the
Company at info@ampliatx.com or the Company Secretary on andrew@ampliatx.com.
Electronic prospectus
This Prospectus is available electronically and accompanies the Application Form (which will be available at
www.computersharecas.com.au/ATXSPP2025). Electronic versions of this Prospectus should be downloaded and read in its
entirety. Applications for New Shares under the SPP may only be made on the Application Form by following the instructions in
the Application Form.
Investor warning
The Offer contained in this Prospectus does not take into account the investment objectives, financial position and particular
needs of individual investors. It is important that you read this Prospectus carefully and in full before deciding to apply for New
Shares. In particular, you should consider the risk factors that could affect the performance of the Company in light of your
personal circumstances and seek advice from your accountant, tax adviser, stockbroker, lawyer or other professional adviser
before deciding to invest.
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No representation other than in this Prospectus
No person is authorised to give information or to make any representation in connection with this Prospectus, which is not
contained in the Prospectus. Any information or representation not so contained may not be relied on as having been authorised
by the Company in connection with this Prospectus. Except as required by law, and only to the extent so required, neither Amplia
nor any other person warrants or guarantees the future performance of the Company or any return on any investment made
pursuant to this Prospectus.
Risk factors
Potential investors should be aware that subscribing for the New Shares involves a number of risks. The key risk factors which
investors should be aware of are set out in Section 7 of this Prospectus. These risks, together with other general risks applicable
to all investments in listed and unlisted securities, which are not specifically referred to, may affect the value of the New Shares in
the future.
Eligible Shareholders and Offer jurisdictions
The New Shares to be issued under the SPP will only be offered to Eligible Shareholders, being Shareholders as at 7.00pm
(Melbourne time) on the Record Date with a registered address in Australia or New Zealand (or otherwise determined by the
Company at its discretion). The distribution of this Prospectus in jurisdictions outside Australia and New Zealand may be
restricted by law. Seek advice on and observe any restrictions. This Prospectus is not an offer in any place where, or to any
person to whom, it would not be lawful to make the Offer. In particular, the New Shares have not been, and will not be, registered
under US Securities Act and may not be offered or sold in the United States except in transactions exempt from, or not subject to,
registration under the US Securities Act and applicable US state securities laws.
You may only apply for New Shares in Australian dollars. You can contact the Company at info@ampliatx.com or the Company
Secretary on andrew@ampliatx.com, if you are an Eligible Shareholder but are unable to pay for New Shares by BPAY.
Financial information and forward looking statements
Section 6 sets out the financial information referred to in this Prospectus and the basis of preparation of that information. Any
discrepancies between totals and sums of components in tables contained in this Prospectus are due to rounding.
This Prospectus contains forward looking statements which are identified by words such as “may”, “could”, “believes”, “estimates”,
“expects”, “intends” and other similar words that involve risks and uncertainties. Any forward looking statements are subject to
various risk factors that could cause the Company’s actual results to differ materially from the results expressed or anticipated in
these statements. Forward looking statements should be read in conjunction with the risk factors set out in Section 7 and the
other information in this Prospectus.
Taxation implications
The Directors do not consider it appropriate to give Shareholders advice regarding the taxation consequences of applying for New
Shares under this Prospectus (and do not accept any responsibility or liability for any such consequences). Shareholders should
consult their tax adviser as required.
Defined words and expressions
Some words and expressions used in this Prospectus have defined meanings. These words and expressions are defined
throughout the Prospectus and in the Glossary in Section 10.
A reference to $ or cents in this Prospectus is a reference to Australian currency (unless otherwise stated). A reference to time in
this Prospectus is a reference to Melbourne, Australia time.
Photographs and diagrams
Any photographs used in this Prospectus without descriptions are only for illustration. Any diagrams used in this Prospectus may
not be drawn to scale.
Privacy
If you apply for New Shares, you will provide personal information to the Company and the Share Registry. The Company and the
Share Registry collect, hold and use your personal information in order to assess your Application, service your needs as a holder
of the Shares, provide facilities and services that you request and carry out appropriate administration. Company and tax laws
require some of the information to be collected. If you do not provide the information requested, your Application may not be able
to be processed efficiently, or at all.
Each of the Company and the Share Registry may disclose your personal information for purposes related to your shareholding to
each other and to their respective agents and services providers including those listed below or as otherwise authorised under the
Privacy Act 1988 (Cth) (Privacy Act):
•
in the case of the Company, to the Share Registry for ongoing administration of the Share (and option) registers; and
•
in the case of the Company and the Share Registry, to printers and mailing houses for the purposes of preparation and
distribution of security holder information and for handling of mail.
Under the Privacy Act, you may request access to your personal information held by (or on behalf of) the Company or the Share
Registry. You can contact the Share Registry’s Privacy Officer at privacy@computershare.com.au or see our Privacy Policy at
www.computershare.com/au/privacy-policies.
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CONTENTS
Section
Page
Important Notice
1
Contents
3
Key Dates
4
Key Details of the SPP and Capital Raising
5
1. Corporate Directory
8
2. Chairman’s Letter
9
3. Overview of the SPP and SPP Shortfall Offer
11
4. Applying under the SPP and SPP Shortfall Offer
16
5. Purpose and Effect of the Offer
23
6. Financial Information
25
7. Risk Factors
28
8. Rights and Liabilities Attaching to Shares
32
9. Additional Information
35
10. Glossary
41
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KEY DATES
The key dates in respect of the SPP are as follows.
Event
Date
Record Date
Tuesday, 22 July 2025
(7.00pm)
Record Date of the SPP
Opening Date
Prospectus lodged with ASIC and ASX
Prospectus made available to Eligible Shareholders
Friday, 1 August 2025
SPP offer opens
SPP pricing period commences
Monday, 18 August 2025
Closing Date
SPP closes (5.00pm time)
Friday, 22 August 2025
Last day of SPP pricing period
SPP Results Date
Announcement of results of SPP and SPP Offer Price
AGM Date
Company holds AGM
Settlement Date
Settlement of the SPP*
Allotment Date
Issue of Shares under the SPP*
Commencement of trading of New Shares issued under the
SPP*
Issue of New Shares under the Director Placement and
Conditional Placement*
Tuesday, 26 August 2025
Wednesday, 27 August 2025
Thursday, 28 August 2025
Friday, 29 August 2025
Monday, 1 September 2025
* Assumes Shareholders approve the SPP, Director Placement and Conditional Placement at the AGM.
Amplia reserves the right to vary these times and dates, by agreement with the Lead Manager. All times
are Melbourne times.
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KEY DETAILS OF THE SPP AND CAPITAL RAISING
Terms of the SPP and SPP Shortfall Offer
SPP Offer Price
The SPP Offer Price is the lower of:
•
the Placement Offer Price (being $0.23);
and
•
the price representing a 5% discount to
the volume weighted average price of
Shares traded during the five trading days
up to the Closing Date, rounded to the
nearest half cent.
Amount to be raised under the SPP
The SPP is seeking to raise up to $2.5 million,
however the Company reserves the right to
accept over-subscriptions of up to an
additional $7.5 million worth of New Shares
under the SPP and SPP Shortfall Offer (for a
total of $10.0 million worth of New Shares).
Number of New Shares to be issued under the
SPP
Approximately 10,869,566 New Shares will be
issued under the SPP, assuming the SPP is
subscribed to $2.5 million and the SPP Offer
Price is $0.23.
Capital structure of the Company
Shares on issue on the date of announcement of
the Capital Raising
389,672,669 Shares
Shares issued under the Unconditional Placement
96,804,354 Shares
Proceeds raised via the Unconditional Placement
(before costs)
~$22.3 million
Shares on issue as at the Prospectus Date
486,477,023 Shares
Shares to be issued under the SPP
10,869,566 Shares
Proceeds to be raised via the SPP (before costs)
$2.5 million
Shares to be issued under the Conditional
Placement
10,869,566 Shares
Proceeds to be raised via the Conditional
Placement (before costs)
$2.5 million
Shares to be issued under the Director Placement
(before costs)
1,021,740 Shares
Proceeds to be raised via the Director Placement
(before costs)
$0.2 million
Shares to be issued under the Capital Raising
119,565,226 Shares
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Total proceeds of the Capital Raising (before
costs)
$27.5 million
Shares on issue on completion of the Capital
Raising
509,237,895 Shares
Market capitalisation at the Placement Offer Price
(of $0.23)
$117.1 million
Options on issue on completion of the Capital
Raising (assuming completion of the grants to
Directors as contemplated by the Notice of AGM)
90,299,589 ATXOA Listed Options
19,231,000 unquoted options expiring from
September 2025 to December 2028 with
exercise prices from $0.132 to $0.2533
818,006 unquoted options to be issued to the
Non-Executive Directors (subject to
Shareholder approval)
447,000 Zero Exercise Priced Options to be
issued to the Managing Director (subject to
Shareholder approval)
Capital structure of the Company if the SPP is subscribed to at least $10.0 million and the
Company accepts the over-subscriptions up to the SPP Cap
Maximum proceeds of the SPP assuming
Applications of at least $10.0 million under the
SPP and SPP Shortfall Offer are received and
accepted in full (up to the SPP Cap)
$10.0 million
Shares to be issued under the SPP assuming
$10.0 million raised (at $0.23 per New Share)
43,478,261 Shares
Total proceeds of the Capital Raising in these
circumstances
$35.0 million
Shares on issue on completion of the Capital
Raising in these circumstances
541,846,590 Shares
Market capitalisation at the Placement Offer Price
(of $0.23) in these circumstances
$124.6 million
Notes:
Unless otherwise stated, this Prospectus assumes $2.5 million worth of New Shares are issued under
the SPP and SPP Shortfall Offer at an SPP Offer Price of $0.23 and Shareholders approve the SPP,
Director Placement and Conditional Placement (and grant of options to Directors) at the AGM.
Final numbers will vary slightly as a result of rounding.
Provision of documents
Eligible Shareholders who have elected to receive documents electronically from the Company will
receive online access to the Prospectus and the Application Form (which accompanies the Prospectus)
by email. Eligible Shareholders who have not elected to receive electronic communications will be
posted a letter detailing how to access the Prospectus and Application Form at
www.computersharecas.com.au/ATXSPP2025.
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Information availability
Eligible Shareholders can also obtain a copy of this Prospectus from the Company’s website, the ASX
website (www.asx.com.au). The Prospectus will accompany the Application Form, which is made
available to Eligible Shareholders at www.computersharecas.com.au/ATXSPP2025.
Contact details are provided in the Corporate Directory. Shareholders who access the electronic version
of this Prospectus should ensure that they download and read the entire Prospectus. The Application
Form attached to the Prospectus must be used within Australia and New Zealand only.
Enquiries
For further information please contact the Company at info@ampliatx.com or the Company Secretary
on andrew@ampliatx.com. Alternatively, contact your stockbroker, solicitor, accountant or other
professional adviser.
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1
CORPORATE DIRECTORY
Amplia Therapeutics Limited (ASX Code: ATX)
Directors
Registered Office
Dr Warwick Tong (Non-Executive Chair)
Level 5, 90 William Street
Melbourne VIC 3000
Dr Christopher Burns (Managing Director, CEO)
Dr Robert Peach (Non-Executive Director)
Ms Jane Bell (Non-Executive Director)
Email: info@ampliatx.com
Website: www.ampliatx.com
Company Secretary
Lead Manager
Mr Andrew Cooke
andrew@ampliatx.com
Bell Potter Securities Limited
Level 29, 101 Collins Street
Melbourne VIC 3000
Chief Financial Officer
Mr Tim Luscombe
Share Registry
Australian Legal Adviser
Computershare Investor Services Pty Limited
Yarra Falls, 452 Johnston Street
Abbotsford VIC 3067
Becketts Lawyers Pty Ltd
Level 34, 120 Collins Street
Melbourne VIC 3000
Website: www.computershare.com/au
SPP Offer website
Auditor*
www.computersharecas.com.au/ATXSPP2025
Grant Thornton
Level 22, Tower 5
Collins Square, 727 Collins Street
Melbourne VIC 3008
*The Auditor is included for information purposes only. It has not been involved in the preparation of this Prospectus and has not
consented to being named in this Prospectus.
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2
CHAIRMAN’S LETTER
Dear Shareholder
On behalf of the Directors of Amplia, I am pleased to offer you the opportunity to apply for New Shares
through participation in a share purchase plan.
In conjunction with the SPP, the Company has completed the Unconditional Placement and is undertaking
the Conditional Placement and Director Placement at the Placement Offer Price of $0.23 per New Share
to raise a total of $25.0 million.
Overview of Share Purchase Plan
The SPP allows Eligible Shareholders the opportunity to subscribe for up to $100,000 worth of New
Shares without paying brokerage or other transaction costs.
The Company is seeking to raise up to $2.5 million under the SPP (which is subject to a scale-back
policy), with the Company reserving the right to accept over-subscriptions of up to an additional $7.5
million worth of New Shares (up to a maximum of $10.0 million worth of New Shares).
The SPP is being undertaken at the SPP Offer Price, which is the lower of:
•
the Placement Offer Price (of $0.23); and
•
the price representing a 5% discount to the volume weighted average price of Shares traded during
the five trading days up to and including the Closing Date, rounded to the nearest half cent.
The Placement Offer Price represents a discount of approximately 19.3% to the last closing price of
Shares on 18 July 2025 (before the Capital Raising was announced).
All the details pertaining to the SPP are contained in this Prospectus. Please read this Prospectus
carefully.
Use of proceeds of the Capital Raising
The total funds raised from the Capital Raising (of up to approximately $27.5 million) are intended to be
used by the Company to support the ACCENT and AMPLICITY trials, to initiate kRAS and OVARIAN
trials of the Company’s lead drug, Narmafotinib (AMP 945), and to fund additional pre-clinical work and
the costs of the Capital Raising.
Further details are provided in Section 3.5.
Action you should take
Eligible Shareholders are entitled to subscribe to up to $100,000 worth of New Shares under the SPP.
An Application Form will be available for Eligible Shareholders online at
www.computersharecas.com.au/ATXSPP2025. An electronic copy of the Prospectus will accompany
the Application Form.
The SPP is scheduled to open on Friday, 1 August 2025 and close at 5.00pm (Melbourne time) on
Friday, 22 August 2025.
If you wish to subscribe for New Shares under the SPP, you must ensure that your Application and
payment is received by this time in accordance with the instructions set out in Section 4.5.
Prospectus
This Prospectus contains important information regarding the SPP and I encourage you to read it carefully
before making any investment decision, having particular regard to the ‘Risk Factors’ outlined in Section
7.
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If you have any questions, you should consult your financial or other professional adviser.
We look forward to your continued support of Amplia.
Yours sincerely,
Dr Warwick Tong
Chairman
Amplia Therapeutics Limited
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3
OVERVIEW OF THE SPP AND SPP SHORTFALL OFFER
3.1
Overview of the Capital Raising
On Wednesday, 23 July 2025, Amplia announced a Capital Raising to raise up to
approximately $27.5 million (before costs), comprising the issue of New Shares in the following
components.
Unconditional Placement
(a)
An institutional placement at the Placement Offer Price to raise $22,265,000 (before
costs), utilising the Company’s placement capacity under ASX Listing Rules 7.1 and
7.1A (Unconditional Placement).
(b)
The Unconditional Placement completed on 29 July 2025.
Conditional Placement
(c)
An institutional placement at the Placement Offer Price to raise $2,500,000 (before
costs), conditional on Shareholder approval for the purposes of ASX Listing Rule 7.1
(Conditional Placement).
(d)
Shareholders will vote on the Conditional Placement at the AGM (subject to applicable
voting exclusions).
Director Placement
(e)
(f)
A placement to each of the Directors at the Placement Offer Price to raise a total of
$235,000 as follows (the Director Placement):
(i)
152,174 New Shares to Dr Warwick Tong (or nominee) to raise $35,000 (before
costs);
(ii)
130,435 New Shares to Ms Jane Bell (or nominee) to raise $30,000 (before
costs);
(iii)
86,957 New Shares to Dr Chris Burns (or nominee) to raise $20,000 (before
costs); and
(iv)
652,174 New Shares to Dr Robert Peach (or nominee) to raise $150,000
(before costs).
The Director Placement is conditional on Shareholder approval for the purpose of
Listing Rule 10.11. Shareholders will vote on the Director Placement at the AGM
(subject to applicable voting exclusions).
Share Purchase Plan
(g)
A share purchase plan (SPP or the Offer), under which Eligible Shareholders are
entitled to apply for up to $100,000 worth of New Shares at the SPP Offer Price.
(h)
The Company is seeking to raise $2.5 million under the SPP, however, the Company
reserves the right to accept over-subscriptions of up to an additional $7.5 million worth
of New Shares under the SPP and SPP Shortfall Offer (for a total of $10.0 million).
(i)
The SPP Offer Price is the lower of:
(i)
the Placement Offer Price under the Placement, being $0.23; and
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(ii)
the price representing a 5% discount to the volume weighted average price of
Shares traded during the five trading days up to the Closing Date, rounded to
the nearest half cent.
(j)
The Lead Manager has received firm commitments from certain Institutional Investors
for up to $2.5 million worth of SPP Shortfall Shares under the SPP (in the event that the
SPP receives Applications of less than $2.5 million).
(k)
The SPP is conditional on Shareholder approval for the purposes of ASX Listing Rule
7.1. Shareholders will vote on the SPP at the AGM (subject to applicable voting
exclusions).
(l)
The SPP offer is being made under this Prospectus.
(m)
The Directors are not entitled to participate in the SPP (or the SPP Shortfall Offer).
SPP Shortfall Offer
3.2
(n)
The Company is seeking to raise $2.5 million under the SPP, however the Company
reserves the right to accept over-subscriptions of up to an additional $7.5 million worth
of New Shares under the SPP. Accordingly, the maximum amount to be raised under
the SPP is $10.0 million of New Shares (the SPP Cap).
(o)
To the extent that New Shares up to the SPP Cap are not subscribed for under the
SPP (SPP Shortfall Shares), the Company and the Lead Manager may seek to place
the SPP Shortall Shares to Institutional Investors at the SPP Offer Price.
(p)
The SPP Shortfall Offer is conditional on Shareholder approval for the purposes of ASX
Listing Rule 7.1. Shareholders will vote on the SPP Shortfall Offer at the AGM (subject
to applicable voting exclusions).
(q)
The SPP Shortfall Offer is being made under this Prospectus.
Eligible Shareholders
Shareholders with a registered address in Australia or New Zealand who were registered in the
Company’s Share register at the Record Date (7.00pm on Tuesday, 22 July 2025) are Eligible
Shareholders and are entitled to participate in the SPP (other than in respect of Shares held
on behalf of another person who is not an Eligible Shareholder).
Due to foreign securities laws, it is not practical for Shareholders resident in countries other
than Australia or New Zealand to be offered the opportunity to participate in the SPP (unless
determined otherwise by the Directors at their discretion).
3.3
The SPP is being undertaken pursuant to this Prospectus
In certain circumstances, a listed company may undertake a share purchase plan in
accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547
(Instrument 2019/547).
Instrument 2019/547 allows a share purchase plan to be conducted without the use of a
prospectus for a maximum of $30,000 worth of securities in a 12 month period.
The Company is unable to rely on Instrument 2019/547 for the SPP because the SPP exceeds
the monetary limit under Instrument 2019/547 as it is for up to $100,000 worth of New Shares to
Eligible Shareholders.
Accordingly, the Company is undertaking the SPP under this Prospectus.
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3.4
The SPP and SPP Shortfall Offer are conditional on Shareholder approval
The SPP and SPP Shortfall Offer are conditional on Shareholder approval for the purposes of
ASX Listing Rule 7.1.
This is because Amplia utilised substantially all of its capacity under ASX Listing Rules 7.1 and
7.1A under the Placement and is not entitled to rely on ASX Listing Rule 7.2, Exception 5
(which exempts securities issued under eligible share purchase plans from counting towards an
entity’s capacity under ASX Listing Rule 7.1) because Eligible Shareholders are being offered
up to $100,000 worth of New Shares under the SPP (meaning that it cannot rely on Instrument
2019/547).
The resolution to approve the SPP and SPP Shortfall Offer will be considered at the AGM (to be
held on Wednesday, 27 August 2025). If the SPP is not approved at the AGM it will not
proceed.
3.5
Use of proceeds of the Capital Raising
The Company intends to use the proceeds of the Capital Raising, together with its existing cash
reserves (as disclosed in the Appendix 4C for the June 2025 quarter) and anticipated R&D Tax
Rebates, as follows:
Sources of funds
Amount ($m)
Use
Amount ($m)
Cash Balance*
$7.0
ACCENT trial
$6.0
Anticipated R&D Tax
Rebates**
Capital Raise proceeds^
Total
$8.2
$27.5
$42.7
•
Completion of Phase 2a
•
Foundational work for
Phase 2b/3 trial
Amplicity trial
•
Dose escalation
•
2 Dose comparison
$19.0
KRAS and/or OVARIAN trial
$5.0
CMC (manufacturing)
$6.0
Operations, preclinical,
working capital and offer
costs
$6.7
Total
$42.7
Notes:
* Cash balance as at 30 June 2025.
** Subject to grant – Financial Year ending 2025 R&D tax refund expected August 2025 and Financial
Year ending 2026 R&D tax refund expected August 2026. See ‘R&D Tax Rebate’ in Key Risks.
^ Assumes the SPP raises $2.5 million and the SPP, Conditional Placement and Director Placement are
approved by Shareholders – see ‘Risks Associated with the Offer’ in Key Risks.
The Board reserves the right to vary the uses of funds raised from the Capital Raising at its
discretion and in the interests of Shareholders.
To the extent that the SPP and SPP Shortfall Offer raises an amount exceeding $2.5 million,
the additional funds will be used to progress Amplia’s trial program (ACCENT, AMPLICITY,
kRAS and/or OVARIAN trials) and for CMC (manufacturing) purposes.
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3.6
Scale-back policy
The Company may, in its absolute discretion, undertake a scale-back of Applications under the
SPP.
In doing so, th
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