v3.25.2
Stockholder's Equity/Issued Capital
12 Months Ended
Jun. 30, 2025
Stockholder’s Equity/Issued Capital [Abstract]  
Stockholder’s equity/Issued capital

Note 9 - Stockholder’s equity/Issued capital

 

Common stock

 

The Company has one class of common stock. In connection with the redomiciliation, the Company’s amended and restated certificate of incorporation became effective, which originally provided for the issuance of 100 million authorized shares of common stock with a par value of $0.0001 per share, with one vote per share. Holders of common stock are entitled to receive any dividends as may be declared from time to time by the Company’s board of directors.

 

On November 28, 2023, the Company effected the redomiciliation. All references in these consolidated financial statements to the Company’s outstanding common stock, including per share information, have been retrospectively adjusted to reflect this redomiciliation.

 

  

For the fiscal year ended
June 30, 2024

 
   $   No. of
Shares
 
   (in thousands,
except per share data)
 
Opening balance   2    15,873,113 
Issues of new shares - employees and directors   
-
    1,769,719 
Closing balance   2    17,642,832 

 

   For the fiscal year ended
June 30, 2025
 
   $   No. of
Shares
 
   (in thousands,
except per share data)
 
Opening balance   2    17,642,832 
Issue of new shares   18    176,049,053 
Issues of new shares – convertible note conversion   
-
    64,127 
Issues of new shares - employees and directors   
-
    623,984 
Closing balance   20    194,379,996 

 

On May 27, 2025, the Company filed a certificate amendment to its restated certificate of incorporation to increase its authorized shares of common stock to 800 million shares.