Simble Solutions (ASX: SIS) is acquiring exclusive rights to a 3D zinc oxide nanosensor platform from Macquarie University and undertaking a $2.5 million AUD capital raise to integrate this technology and bolster its ESG data capabilities.
Nanosensor IP Acquisition
Simble Solutions is acquiring exclusive rights to a 3D zinc oxide nanosensor platform developed at Macquarie University through its wholly-owned subsidiary Next Nano Pty Ltd. This intellectual property is expected to enable Simble to vertically integrate hardware.
This move aims to reduce the company's reliance on third-party components, which currently account for around 65% of SimbleSense costs. The acquisition is intended to enhance Simble's ESG and safety analytics by embedding monitoring for UV, air quality, and sterilisation into its SimbleSense and CarbonView platforms.
The company anticipates the potential for new product families and revenue streams across industrial, medical, defence, wearables, and nanorobotics markets. The licensing agreement includes an annual fee of $25,000 AUD starting in 2027, a 3% gross sales royalty beginning in 2030, and two milestone fees of $100,000 AUD each.
Capital Raise Details
Simble Solutions is raising AUD$2.5 million through a two-tranche placement. New shares will be issued at $0.005 AUD each.
The placement involves the issuance of 500,000,000 shares and 166,666,666 options. The first tranche is valued at $950,000 AUD, with the second tranche at $1,550,000 AUD. Directors are permitted to participate in the placement up to $150,000 AUD. A lead manager fee of 6% will apply.
Strategic Rationale and Growth
The acquisition and capital raise are intended to enhance Simble's hardware integration, expand its ESG data capabilities, and foster growth in new Internet of Things (IoT) applications. Vertical integration is expected to reduce costs and facilitate the in-house development of sensor devices.
The company previously reported a strategic pivot towards carbon-zero solutions and renewable energy development. There remains an ongoing focus on developing and expanding its CarbonView and SimbleSense platforms.
Transaction Conditions and Timing
Completion of the acquisition and capital raise is targeted for Q1 2026. The transaction remains subject to customary conditions, including due diligence and shareholder approvals. Simble Solutions previously requested a trading halt pending an announcement regarding a material acquisition and capital raise, which occurred on 2025-12-23.
Outlook and Risks
Simble Solutions is strategically investing in nanosensor technology and raising capital to enhance its hardware integration and expand its ESG offerings, aiming for new market opportunities. However, the company's past financial performance shows a net loss and significant operating cash burn, with a material going-concern risk and a limited cash runway, underscoring the importance of successful execution of this acquisition, the capital raise, and future operational efficiency.
