Emu NL 05 – Panel Accepts Further Undertaking and Declines to Make Declaration
The Panel has accepted a further undertaking from Emu NL (Emu) (see annexure) (Further Undertaking) and declined to make a declaration of unacceptable circumstances in response to an application dated 10 September 2025 from Dronkay Pty Ltd in relation to the affairs of Emu (see TP25/84).
The application concerned a non‑renounceable pro‑rata entitlement offer (Entitlement Offer) announced by Emu on 8 September 2025.