Other financial liabilities

6 Months Ended

Dec. 31, 2023

Other Financial Liabilities Current [Abstract]

Note 14. Other financial liabilities


	Consolidated
	December 2023		June 2023
	$		$
Prefunded and ordinary warrants at initial recognition		3,020,315		—
Change in fair value		73,350		—
Prefunded and ordinary warrants at end period end		3,093,665		—

On November 30, 2023, the Consolidated entity entered into the Securities Purchase Agreement with an institutional investor, pursuant to which we issued and sold (A) in a registered direct offering, 2,620,000 ADSs and

pre-funded

warrants, or the

Pre-

funded Warrants, to purchase up to 1,824,445 ADS, and (B) in a concurrent private placement, the Ordinary Warrants to purchase up to 4,444,445 ADSs, for nil consideration, which have an exercise price of US$0.583 per ADS, are exercisable immediately and will expire on June 5, 2029.