Ann: Prospectus, page-2

Here’s a concise summary of the Rent.com.au Limited Prospectus dated 21 March 2025:

Overview

Rent.com.au Limited (ASX: RNT) is launching a non-renounceable pro rata entitlement offer to raise approximately $1.7 million. The offer is underwritten by RM Corporate Finance Pty Ltd.

Offer Details

•1 Share for every 8 shares held at $0.018 per share.

•Includes 1 free option for every 2 shares subscribed, exercisable at $0.04 and expiring 31 December 2025.

•Offer closes: 5:00pm WST, 14 April 2025

•Offer is fully underwritten.

•Additional 7.5 million underwriter options are offered to RM Corporate Finance.

Use of Funds

•$1.5 million to establish RentBond lending capabilities.

•$197,950 for offer costs.

•Remaining $1.18 million for general working capital.

About RentBond

RentBond is a loan product (between $500 and $10,000) to help renters with moving costs. Rent.com.au has offered this via partners for 10+ years and plans to transition to providing loans directly, using its RentPay platform to manage repayments.

Shareholder Participation

•Shareholders can subscribe to their entitlement and also apply for Shortfall Shares.

•If entitlements are not taken up, the Shortfall will be allocated first to applying shareholders, then to sub-underwriters.

Capital Structure (Post-Offer)

•Shares: ~853 million

•Listed Options: ~198 million

•Unlisted Options: 7.2 million

•Performance Rights: ~40.2 million

Risks

Key risks include:

•Uncertainty around RentBond lending execution.

•Competition in property and PropTech sectors.

•Dependence on third-party services and data.

•Potential regulatory changes and cyber risks.

•Need for continued funding and ability to attract key personnel.

Financials (Post-Raise, Pro Forma)

•Cash: $2.88 million

•Net Assets: $4.1 million

•No change in long-term debt.

•Share price before prospectus: $0.021

•Offer price: $0.018 (14.3% discount)

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