| Issued Capital |
9. Issued Capital Following the Business Combination, the Company has authorized 555,000,000 shares including 500,000,000 Class A Ordinary Shares, 50,000,000 Class B Ordinary Shares, and 5,000,000 Preference Shares, each of par value $0.0001 per share. In addition, the Company has three classes of warrants (i.e., Private Placement warrants, the Representative warrants, the Penny warrants, and the Arena Ordinary share warrants) issued and outstanding. | | | Dec 31, 2025 | | | June 30, 2025 | | | | | Number of shares
(Class A) | | | Share Capital AUD$ | | | Number of shares
(Class A) | | | Share Capital AUD$ | | | Issuance of shares to AOI shareholders | | | 18,646,643 | | | | 2,860 | | | | 18,646,643 | | | | 2,860 | | | Issuance of shares to SPAC shareholders | | | 124,768 | | | | 19 | | | | 124,768 | | | | 19 | | | Issuance of shares to SPAC Founders | | | 2,666,900 | | | | 409 | | | | 2,666,900 | | | | 409 | | | Conversion of JSKS Loan | | | 4,452,479 | | | | 445 | | | | 4,452,479 | | | | 445 | | | Conversion of convertible notes | | | 792,023 | | | | 108 | | | | 371,957 | | | | 45 | | | Issuance of commitment fee shares-Arena | | | 1,750,000 | | | | 261 | | | | - | | | | - | | | | | | | | | | | | | | | | | | | | | Issuance of shares in exchange for advisory services | | | 694,391 | | | | 107 | | | | 694,391 | | | | 107 | | | | | | | | | | | | | | | | | | | | | Conversion of rights | | | 941,400 | | | | 144 | | | | 941,400 | | | | 144 | | | | | | | | | | | | | | | | | | | | | | | | 30,068,604 | | | | 4,353 | | | | 27,898,538 | | | | 4,029 | | | ● | There was no movement in class B ordinary shares, preference shares. |
Share premium: | | | Dec 31,
2025 | | | June 30,
2025 | | | | | Share Premium | | | Share Premium | | | Issuance of shares to AOI shareholders | | | 2,579,627 | | | | 2,579,627 | | | Issuance of shares to SPAC shareholders | | | 3,024,191 | | | | 3,024,191 | | | Issuance of shares to SPAC Founders | | | (5,791,835 | ) | | | (5,791,835 | ) | | Conversion of JSKS Loan | | | 4,998,067 | | | | 4,998,067 | | | Conversion of convertible notes | | | 2,904,266 | | | | 2,530,804 | | | Issuance of shares in exchange for advisory services | | | (107 | ) | | | (107 | ) | | Conversion of rights | | | (144 | ) | | | (144 | ) | | Issuance of convertible note – equity component | | | 140,495 | | | | 140,495 | | | Issuance of commitment fee shares-Arena | | | 1,867,361 | | | | - | | | Recapitalization costs | | | 16,126,854 | | | | 16,126,854 | | | | | | | | | | | | | | | | 25,848,775 | | | | 23,607,952 | | | Less: | | | | | | | | | | Costs attributable to the issuance of shares in connection with the business combination | | | (1,315,013 | ) | | | (1,315,013 | ) | | | | | 24,533,762 | | | | 22,292,939 | |
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