Iondrive Secures AU$4 Million Through Placement

MT Newswires Live

Nov 25, 2025

Iondrive (ASX:ION) has secured firm commitments from sophisticated and professional investors to raise up to AU$4 million through a placement of around 90.9 million shares at AU$0.044 each, according to a Tuesday filing with the Australian bourse.

Around 77.5 million shares will be issued under the company's existing capacity, while the remaining 13.4 million shares, allocated to directors and Strata Investment Holdings (ASX:SRT), will require shareholder approval at a general meeting expected in mid to late January 2026, per the filing.

The proceeds will support the commercialization of IONSolv, focusing on e-waste recycling in the US, while also strengthening the company's balance sheet to support US government grant applications, the filing said.

The company's shares rose around 2% in recent Tuesday 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 | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2586541057"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2586541057\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2586541057?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-25 10:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586541057","market":"nz","top_or_hot":-1,"title":"Iondrive Secures AU$4 Million Through Placement","media":"MT Newswires Live","content":"<html><body><p> Iondrive (ASX:ION) has secured firm commitments from sophisticated and professional investors to raise up to AU$4 million through a placement of around 90.9 million shares at AU$0.044 each, according to a Tuesday filing with the Australian bourse.</p><p>Around 77.5 million shares will be issued under the company's existing capacity, while the remaining 13.4 million shares, allocated to directors and Strata Investment Holdings (ASX:SRT), will require shareholder approval at a general meeting expected in mid to late January 2026, per the filing.</p><p>The proceeds will support the commercialization of IONSolv, focusing on e-waste recycling in the US, while also strengthening the company's balance sheet to support US government grant applications, the filing said.</p><p>The company's shares rose around 2% in recent Tuesday 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>Iondrive Secures AU$4 Million Through Placement</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\">\nIondrive Secures AU$4 Million Through Placement\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\">2025-11-25 10:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Iondrive (ASX:ION) has secured firm commitments from sophisticated and professional investors to raise up to AU$4 million through a placement of around 90.9 million shares at AU$0.044 each, according to a Tuesday filing with the Australian bourse.</p><p>Around 77.5 million shares will be issued under the company's existing capacity, while the remaining 13.4 million shares, allocated to directors and Strata Investment Holdings (ASX:SRT), will require shareholder approval at a general meeting expected in mid to late January 2026, per the filing.</p><p>The proceeds will support the commercialization of IONSolv, focusing on e-waste recycling in the US, while also strengthening the company's balance sheet to support US government grant applications, the filing said.</p><p>The company's shares rose around 2% in recent Tuesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SRT.AU","symbol_name":"Strata Investment Holdings Plc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2586541057","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586541057","pubTimestamp":1764037611,"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":"Iondrive  has secured firm commitments from sophisticated and professional investors to raise up to AU$4 million through a placement of around 90.9 million shares at AU$0.044 each, according to a Tuesday filing with the Australian bourse.Around 77.5 million shares will be issued under the company's existing capacity, while the remaining 13.4 million shares, allocated to directors and Strata Investment Holdings , will require shareholder approval at a general meeting expected in mid to late January 2026, per the filing.The proceeds will support the commercialization of IONSolv, focusing on e-waste recycling in the US, while also strengthening the company's balance sheet to support US government grant applications, the filing said.The company's shares rose around 2% in recent Tuesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SRT.AU":"Strata Investment Holdings Plc","BK7104":"黄金","ION.AU":"Iondrive Limited","BK7095":"多种金属与采矿"},"translate_title":"Iondrive通过配售获得400万澳元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRT.AU":1,"ION.AU":1},"content_text":"Iondrive (ASX:ION) has secured firm commitments from sophisticated and professional investors to raise up to AU$4 million through a placement of around 90.9 million shares at AU$0.044 each, according to a Tuesday filing with the Australian bourse.Around 77.5 million shares will be issued under the company's existing capacity, while the remaining 13.4 million shares, allocated to directors and Strata Investment Holdings (ASX:SRT), will require shareholder approval at a general meeting expected in mid to late January 2026, per the filing.The proceeds will support the commercialization of IONSolv, focusing on e-waste recycling in the US, while also strengthening the company's balance sheet to support US government grant applications, the filing said.The company's shares rose around 2% in recent Tuesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}