Pathkey.AI Raises Nearly AU$3 Million Via Strategic Placement; Shares Up 29%

MT Newswires Live

Aug 12

Pathkey.AI (ASX:PKY) received firm commitments to raise AU$2.8 million before costs through a strategic placement to institutional and sophisticated investors, cornerstoned by Sam Weiss, who has also been appointed as a strategic adviser to the chief executive officer, according to a Wednesday Australian bourse filing.

The company said Weiss served as non-executive chairman of Altium from 2007 to 2024.

The company added that a total of 100 million new fully paid ordinary shares will be issued at AU$0.028 per share, settling on Aug. 19 and expected to be allotted on or around Aug. 20.

As part of his engagement, Weiss will be issued 40 million performance rights vesting in equal tranches after six, 12, 24 and 36 months of service, the filing added.

The company's shares rose 29% in recent Wednesday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2658987940"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2658987940\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2658987940?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-12 10:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658987940","market":"sh","top_or_hot":-1,"title":"Pathkey.AI Raises Nearly AU$3 Million Via Strategic Placement; Shares Up 29%","media":"MT Newswires Live","content":"<html><body><p> Pathkey.AI (ASX:PKY) received firm commitments to raise AU$2.8 million before costs through a strategic placement to institutional and sophisticated investors, cornerstoned by Sam Weiss, who has also been appointed as a strategic adviser to the chief executive officer, according to a Wednesday Australian bourse filing.</p><p>The company said Weiss served as non-executive chairman of Altium from 2007 to 2024.</p><p>The company added that a total of 100 million new fully paid ordinary shares will be issued at AU$0.028 per share, settling on Aug. 19 and expected to be allotted on or around Aug. 20.</p><p>As part of his engagement, Weiss will be issued 40 million performance rights vesting in equal tranches after six, 12, 24 and 36 months of service, the filing added.</p><p>The company's shares rose 29% in recent Wednesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pathkey.AI Raises Nearly AU$3 Million Via Strategic Placement; Shares Up 29%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPathkey.AI Raises Nearly AU$3 Million Via Strategic Placement; Shares Up 29%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-12 10:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Pathkey.AI (ASX:PKY) received firm commitments to raise AU$2.8 million before costs through a strategic placement to institutional and sophisticated investors, cornerstoned by Sam Weiss, who has also been appointed as a strategic adviser to the chief executive officer, according to a Wednesday Australian bourse filing.</p><p>The company said Weiss served as non-executive chairman of Altium from 2007 to 2024.</p><p>The company added that a total of 100 million new fully paid ordinary shares will be issued at AU$0.028 per share, settling on Aug. 19 and expected to be allotted on or around Aug. 20.</p><p>As part of his engagement, Weiss will be issued 40 million performance rights vesting in equal tranches after six, 12, 24 and 36 months of service, the filing added.</p><p>The company's shares rose 29% in recent Wednesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7016","symbol_name":"应用软件","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658987940","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658987940","pubTimestamp":1786501870,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Pathkey.AI  received firm commitments to raise AU$2.8 million before costs through a strategic placement to institutional and sophisticated investors, cornerstoned by Sam Weiss, who has also been appointed as a strategic adviser to the chief executive officer, according to a Wednesday Australian bourse filing.The company said Weiss served as non-executive chairman of Altium from 2007 to 2024.The company added that a total of 100 million new fully paid ordinary shares will be issued at AU$0.028 per share, settling on Aug. 19 and expected to be allotted on or around Aug. 20.As part of his engagement, Weiss will be issued 40 million performance rights vesting in equal tranches after six, 12, 24 and 36 months of service, the filing added.The company's shares rose 29% in recent Wednesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7016":"应用软件","PKY.AU":"Pathkey AI Ltd"},"translate_title":"Pathkey.AI 通过战略配售筹集近 300 万澳元；股价上涨 29%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PKY.AU":1},"content_text":"Pathkey.AI (ASX:PKY) received firm commitments to raise AU$2.8 million before costs through a strategic placement to institutional and sophisticated investors, cornerstoned by Sam Weiss, who has also been appointed as a strategic adviser to the chief executive officer, according to a Wednesday Australian bourse filing.The company said Weiss served as non-executive chairman of Altium from 2007 to 2024.The company added that a total of 100 million new fully paid ordinary shares will be issued at AU$0.028 per share, settling on Aug. 19 and expected to be allotted on or around Aug. 20.As part of his engagement, Weiss will be issued 40 million performance rights vesting in equal tranches after six, 12, 24 and 36 months of service, the filing added.The company's shares rose 29% in recent Wednesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}