Dataworks Group Limited (ASX: DWG) announced today that the shortfall from its recently completed pro-rata non-renounceable Entitlement Offer has been fully subscribed. This successful completion brings the company’s recent capital raising program to a total of A$4.24 million before costs, comprising a A$3.0 million Placement and approximately A$1.24 million under the Entitlement Offer. Dataworks Group Limited is a leading Regulated Gaming Technology (“RegTech”) company specialising in secure, scalable, and mission-critical technologies designed to combat problem gambling and support responsible wagering initiatives globally. It delivers and operates Australia’s BetStop – the National Self-Exclusion Register™ and Ontario’s BetGuard Centralised Self-Exclusion platform.
The company had previously reported a net shortfall of A$823,367.16, representing 6,861,393 shares at A$0.12 per share, following the close of the Entitlement Offer on 15 October 2026. Dataworks has now confirmed that applications for the full amount of this Shortfall Offer were received, leading to its successful closure as fully subscribed. The issuance of these 6,861,393 new fully paid ordinary shares and 3,430,699 free attaching unlisted options, exercisable at A$0.20 and expiring on 31 December 2027, is expected on Friday, 13 November 2026, pursuant to Listing Rule 7.2 Exemption 3.
Julian Babarczy, Dataworks Executive Chairman, expressed satisfaction with the outcome, stating, “We are very pleased to have completed the Shortfall Offer in full and thank both existing and new investors for their support.” He added that the completion of the capital raising strengthens Dataworks’ financial position and positions the company well to deliver existing programs while pursuing near-term commercial opportunities. The company’s ongoing focus remains on the successful delivery and growth of its existing government programs, alongside advancing its pipeline of new government and commercial ventures.
