One Click Life Oversubscribed on Public Offer

One Click Life is a fast growing Western Australian based financial technology platform positioned to disrupt and capitalise on increased market demand for online, self-directed financial and life admin services. The fintech startup has grown it’s user base to over 40,000 users Australia wide prior to 1 July 2022. 

UUV Aquabotix Limited (ASX:UUV) will acquire 100% of the share capital of Mobile Business Devices Pty Ltd (which operates the One Click Life business) and set out to raise a minimum of $4.5 million under a public offer as part of the transaction (with the ability take oversubscriptions for a further $1m). The company will change the name to One Click Group Limited (ASX:1CG) to reflect the new direction and operations. 

The raise was completed in line with the Prospectus timetable and closed on the 5th of August 2022. The raise was oversubscribed and the company has decided to take the maximum available of $5.5m under the public offer. 

Commenting on the public offer, Managing Director Mark Waller said “we’re very happy with the level of support from both existing and new shareholders. To be oversubscribed in the current market is an excellent outcome and indicative of the prospects for the business. We extend a warm welcome to all incoming shareholders and thank our existing shareholders for their support.”

 www.oneclicklife.com.au is a simple to use fintech platform and App allowing customers to lodge tax returns, complete a Will and purchase private health insurance. The funds raised under the public offer will go towards both continuing the commercialisation path of the platform and expanding the products available on the platform.

ENDS

For more information www.oneclicklife.com.au