Successful Completion of $15m Placement
1
Closing price on Monday, 4 May 2026
2
Volume Weighted Average Price (VWAP).
3
The timetable is indicative only and subject to variation. The Company reserves the right to alter the timetable at its discretion and without notice,
subject to the ASX Listing Rules, the Corporations Act and other applicable law. All times refer to Sydney, Australia time unless denoted otherwise.
ASX Release
6 May 2026
Successful Completion of $15m Placement
Decidr AI Industries Ltd (ASX: DAI) (“DAI”, “DAI Industries” or “the Company”), an agentic AI
enablement group and 100% owner of Decidr.ai Pty Ltd (“Decidr”) and Sugarwork, Inc.
(“Sugarwork”) via Decidr US, is pleased to advise that the Company has received binding
commitments for its $15 million placement (before costs) through the issue of 24,590,168 new
(“Placement Shares”), fully paid ordinary shares (the “Placement’), representing 7.6% of
existing shares on issue.
Highlights
● DAI received strong support for the placement from both existing shareholders as well
as new institutional and professional investors
● Approximately 24.6 million new shares will be issued at A$0.61 (“Issue Price”), which
represents a:
○ 13.5% discount to last close price of $0.705 per share1
;
○ 9.8% discount on the 10-day VWAP2
of $0.676 per share; and
○ 8.3% premium to the 30-day VWAP of $0.563 per share.
● Net proceeds from the Placement will be used to fund: the productisation and
development of a Knowledge Security Platform within Sugarwork, further penetration
of white-space through M&A opportunities, Sovereign Compute, patents and research
publications
Morgans Corporate Limited and MST Financial Services acted as Joint Lead Managers and
bookrunners to the Placement. Settlement of Placement Shares is expected to occur on 13 May
2026. The new 24,590,168 Placement Shares will rank equally with existing fully paid shares of
DAI and will be issued within the Company’s placement capacity under LR 7.1A.
Decidr’s Executive Chairman, David Brudenell said:
“This capex-enabling placement provides Decidr the opportunity to move quickly, and capture
the white space we continually see appearing in front of us. The pace of change within the
industry is unprecedented, and like nothing that has been witnessed before. It is imperative
we remain proactive and continue to build on our meaningful head-start to become the
1
Closing price on Monday, 4 May 2026
2
Volume Weighted Average Price (VWAP).
3
The timetable is indicative only and subject to variation. The Company reserves the right to alter the timetable at its discretion and without notice,
subject to the ASX Listing Rules, the Corporations Act and other applicable law. All times refer to Sydney, Australia time unless denoted otherwise.
orchestration layer for the agentic economy. We are pleased that this raise allows us to
maintain this lead, and invest in Sugarwork and our Knowledge Security offering, for which we
have seen increasing demand from our customers. We are grateful to our shareholders,
existing and new, for their continued support of Decidr’s mission.”
A thought piece on the timing of the Placement, written by David Brudenell, can be found here:
https://decidrindustries.ai/activity-updates/PRKx6y-why-were-raising-now
Key dates3
Event Date
Trading halt announced Tuesday, 5 May 2026
Placement bookbuild completed Tuesday, 5 May 2026
Trading halt lifted – Securities recommence trading on ASX and announce
completion of Institutional Placement Wednesday, 6 May 2026
Settlement of New Shares under the Institutional Placement Wednesday, 13 May 2026
Allotment and Quotation of New Shares under Institutional Placement Thursday, 14 May 2026
-Ends-
For further information, please contact:
David Brudenell
Executive Chairman, Decidr AI Industries Ltd
E: dbrudenell@decidrindustries.ai
Juan Hendy
Investor Relations Manager, Decidr AI Industries Ltd
E: juan.hendy@decidr.ai
This announcement has been authorised for release by the Board of DAI.
About Decidr AI Industries (ASX:DAI)
Decidr AI Industries (ASX: DAI) is an agentic transformation group building and scaling
portfolio companies that enable organisations to systematically organise, execute, and
distribute work using enterprise-grade agentic systems. The Company’s strategy addresses
the full agentic lifecycle, including organisational self-knowledge, human and agentic role
definition, data and schema normalisation, task orchestration, and the distribution of work
across teams, partners, and labour markets.
1
Closing price on Monday, 4 May 2026
2
Volume Weighted Average Price (VWAP).
3
The timetable is indicative only and subject to variation. The Company reserves the right to alter the timetable at its discretion and without notice,
subject to the ASX Listing Rules, the Corporations Act and other applicable law. All times refer to Sydney, Australia time unless denoted otherwise.
DAI’s portfolio includes Decidr.ai, developer of the Decidr Agentic Operating System, which
provides an enterprise-grade platform for orchestrating agentic workflows and decision-
making, and Sugarwork, a knowledge-capture and workflow-automation platform that
strengthens the group’s capabilities in organisational intelligence and enterprise AI adoption.
Through its portfolio companies, DAI supports organisations as they transition from
fragmented AI experimentation to coordinated, scalable, and commercially deployable agentic
systems across industries and geographies.
To receive updates on DAI activities, news, and access historical information, register on the
DAI Investor Portal: https://decidrindustries.ai/auth/signup
For more information, visit https://decidrindustries.ai
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