21 February 14
With the Uchoose business having achieved the key launch milestones in late 2013 / early 2014 and now in revenue generation, it has been the decision of the Board to extend the current Offer to investors for a window of 6 months with the new closing date for the Uchoose offer is 21st August 2014 at 5pm.
Given timings, this extension provides the Uchoose business the most efficient vehicle to continue to push for growth in the first half of 2014 whilst preserving the same value and potential upside for investors. The Board has agreed that upon the end of this period of extension, any future funding requirements and the structure of any potential issue moving forward will be assessed at the time.
The Company has lodged a Supplementary Offer Document in order to provide investors with an update in regards to the Company’s progress over the last 12 months and details of the extended offer and can be read in conjunction with the Original Offer Document.
To discuss the offer please contact Funding Strategies on +617 3160 2840 or email brisbane@fundingstrategies.com.au.