2024 Share Placement: Funds Fully Utilized, Significant Reallocation

207 Million New Shares Issued – August 2024

• Total funds raised: S\$2,491,945.
• Reallocation: S\$800,000 was reallocated from “Funding growth, development and expansion” to “Working capital purposes.”
• Working capital utilization (S\$2,291,945):
  • Manpower costs: S\$1.047 million
  • Professional fees: S\$0.405 million
  • Director fees: S\$0.195 million
  • Repayment of short-term loan: S\$0.295 million
  • Loan to subsidiary: S\$0.140 million
  • Other administrative expenses: S\$0.210 million
• Expansion and new business (S\$200,000): Funds directed to the Mauritius subsidiary for:
  • FSC license application preparation: S\$29,170
  • Marketing expenses: S\$20,000
  • Capital injection: S\$38,913
  • Platform fee: S\$29,574
  • Other professional/administrative expenses: S\$82,343
• Price-sensitive detail: All proceeds from this placement have been fully utilized for operational and expansion purposes, meaning no further financial buffer remains from this round. The reallocation to working capital may indicate increased ongoing costs or strategic prioritization of core operations over new expansion.

2025 Share Placement: Significant Unutilized Proceeds Remain

414 Million New Shares Issued – July 2025

• Total funds raised: S\$6,900,471.
• Working capital allocation: S\$5,520,377, of which only S\$1,591,169 has been utilized to date. Breakdown:
  • Manpower costs: S\$0.461 million
  • Professional fees: S\$0.069 million
  • Director fees and expenses: S\$0.074 million
  • Repayment of director’s loan: S\$0.850 million
  • Loan to subsidiary: S\$0.045 million
  • Other administrative expenses: S\$0.092 million
• Growth, development, and expansion allocation: S\$1,380,094, with only S\$86,055 utilized so far. Funds used for:
  • Mauritius subsidiary platform fee: S\$48,027
  • Other professional/administrative expenses: S\$38,028
• Unutilized balance: S\$5,223,247 remains unutilized.
• Price-sensitive detail: A large pool of capital is still available for deployment, which could be directed towards major expansion, acquisitions, or operational scaling. The company has committed to periodic updates on the use of these funds, which could trigger share price movements depending on future allocation decisions.

Strategic Implications for Investors

• Operational Focus: The reallocation and heavy utilization of funds for working capital suggest a focus on maintaining and strengthening core operations. This could imply stability but may also raise questions about near-term growth ambitions.
• Expansion Plans: The relatively small amount spent on business expansion, especially for the Mauritius subsidiary, may signal a cautious approach to international growth, or delays in regulatory/licensing processes.
• Future Announcements: The company will continue to provide updates in its annual reports and financial results, meaning investors should watch for further disclosures that may impact valuation and growth prospects.
• Potential Share Price Impact: The full utilization of 2024 placement proceeds and the substantial unutilized funds from 2025 could drive price volatility depending on management’s future capital deployment decisions.

Conclusion

Investors should closely monitor Prospera Global’s forthcoming announcements and financial reports for updates on the deployment of remaining placement funds. The company’s capital management decisions, especially regarding the large unutilized pool from the 2025 placement, will be pivotal in shaping its growth trajectory and potentially moving the share price.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making any investment decisions. The information herein is based on company disclosures as of October 2025 and may be subject to change.

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