Codeifai's AI Expansion Fund
Codeifai Raises $770,000 Via Placement to Fuel AI and SaaS Expansion
Anonymous
Key Points
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The July 28, 2026 large placement comprises 110,000,000 ordinary fully paid shares and 110,000,000 unlisted options, issued at AUD 0.007 per share, with no security holder approval required for this tranche.
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A separate July 28, 2026 plan contemplates 19,250,000 ordinary shares and 19,250,000 unlisted options, with shareholder approval for the issue scheduled on July 24, 2026.
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Both option components carry an exercise price of AUD 0.0200 and expire on 14 April 2029, aligning the long-dated incentive terms across the two tranches.
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Codeifai is described by TipRanks as a self-service SaaS company operating at the intersection of artificial intelligence, post-quantum cryptography, and serialized data technology, highlighting its positioning in AI-driven growth.
Australian AI company Codeifai Limited has raised $770,000 through a share placement, issuing 110 million ordinary shares at $0.007 each, according to Kalkine Media. Each share came with a free attaching option, exercisable at $0.02 until April 14, 2029, with the raise led by Oakley Capital.
The funds will go toward product and business development and working capital, Kalkine Australia reported. Codeifai wants to deepen its push into self-service SaaS and expand into high-value industrial use cases, including geospatial and subsurface intelligence workflows.
Two-Tranche Capital Plan Targets $1.54 Million Total
The $770,000 placement is just the first step. Codeifai has also announced a second capital raise, proposing to issue another 110 million ordinary shares and 110 million unlisted options at the same prices, according to Kalkine Media. That second tranche could bring the total raise to $1.54 million. No shareholder approval is needed for this portion.
A separate, smaller tranche covers 19.25 million shares and 19.25 million unlisted options at the same terms, Kalkine Media reported. This portion does require shareholder approval, with a vote scheduled for July 24, 2026. All new shares rank equally with existing shares upon issue.
Long-Dated Options Sweeten the Deal for Investors
Every option across both tranches carries an exercise price of $0.02 and expires on April 14, 2029. That gives investors nearly three years to exercise them. The consistent terms across all tranches signal a deliberate effort to align incentives, according to TipRanks.
TipRanks also noted that Codeifai had separately proposed issuing up to 90.75 million unlisted options as part of a broader capital flexibility strategy. Together, the option packages give the company room to raise more cash in the future without immediate dilution pressure.
Funds to Push Codeifai Deeper Into Industrial AI
Codeifai sits at the crossroads of artificial intelligence, post-quantum cryptography, and serialized data technology, TipRanks described. The company is betting that self-service AI tools will become essential in sectors like mining, energy, and resources, where geospatial and subsurface data is critical.
The fresh capital will fund R&D, new partnerships, and targeted mergers and acquisitions, Kalkine Australia reported. The goal is to scale the company's AI-enabled SaaS platform and stay competitive as the broader AI market evolves quickly.
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