The Initial Public Offering (IPO) for Martin Aircraft Company Limited ("Martin Aircraft" or "Company") was due to close on Friday, 12th December 2014; however, the Board taking into account on going discussions with potential investors, has concluded that it is in the best interests of the Company to extend the IPO by one week to now close at 5.00pm on Friday, 19th December 2014, which will allow additional investors the opportunity to participate in the IPO.
The Company has lodged a supplementary prospectic with ASIC, a copy of which can be downloaded atwww.martinjetpack.com/offer - the revised timetable is also included in the supplementary prospectus.
Martin Aircraft is offering up to 50 million shares at an issue price of A$0.50 / NZ$0.55 per share to raise up to A$25.0 million.
A copy of the prospectus and supplementary prospectus can be downloaded at www.martinjetpack.com/offer
For further information:
Ian Westbrook
M: +61 407 958 137
ian.westbrook@hkstrategies.com
Reuben Buchanan
+61 422 186 686
reuben@axstra.com.au