The Calmer Co raises $1.6m in placement
Released
Released
Announcement PDF
26 February 2026 ASX RELEASE
The Calmer Co raises in an oversubscribed round, scaled
back to $1.6 Million, to accelerate U.S. Expansion amid
Surging Global Kava Demand
The Calmer Co International Limited (ASX: CCO) is pleased to announce the successful
completion of a $1.6 million placement to sophisticated investors and professional
investors.
The Placement was well supported by new and existing institutional and sophisticated
investors and was managed by Novus Capital Limited as Lead Manager.
Funds raised will be strategically deployed to accelerate growth across the Company’s
highest-performing channels, including:
• Inventory build to support large-scale U.S. wholesale supply contracts
• Sales, distribution and marketing expansion across Amazon USA, direct-to-
consumer and Australian retail
• General working capital & the cost of the offer
This capital injection positions the Company to further scale its rapidly expanding U.S.
wholesale operations and strengthens its leadership position within the high-growth
functional relaxation and alcohol alternative categories.
Positioned in a Rapidly Expanding Global
Market
The global kava extract market is estimated at US$1.6 billion (2024) and forecast to grow
to US$5.6 billion by 2033, representing a CAGR of 14.1%. The U.S. market is experiencing
even stronger growth, driven by increasing consumer demand for:
• Functional relaxation products
• Alcohol alternatives
• Natural sleep support solutions
With a 15-year vertically integrated Pacific Island supply chain spanning Fiji, Solomon
Islands and PNG, proprietary CO₂ extraction capability, and established retail partnerships
including Woolworths Group and Coles Group, The Calmer Co is strategically positioned to
capture this structural consumer shift.
The Calmer Co. Ltd & Fiji Kava Australia (Trading) Pty Ltd
96 Victoria Street, West End, Queensland, 4101, Australia
PO Box 5864, 77-75 Russell Street, West End, Queensland, Australia, 4101
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The successful placement strengthens the Company’s balance sheet, supports inventory
expansion to service growing U.S. demand, and positions the business to move toward
operational break-even as revenue continues to scale.
The Board thanks investors for their strong support and looks forward to updating
shareholders on continued progress across U.S. wholesale, Amazon expansion and retail
growth initiatives.
Founder & CEO Zane Yoshida said:
“We are delighted with the strong support shown by sophisticated and existing investors.
This capital raise enables us to accelerate U.S. wholesale growth, expand distribution and
marketing, and build on our strong revenue momentum. With a scalable supply chain,
increasing U.S. market share and structural tailwinds in the alcohol alternative category,
we believe The Calmer Co is entering a significant growth phase.”
The Placement was conducted at $0.0035 per share through the issue of 457,142,858 fully
paid ordinary shares, with participants receiving one (1) free attaching option for every one
(1) share subscribed, exercisable at $0.007 with a three-year term (subject to shareholder
approval).
Novus Capital Limited will receive a 6% fee, together with 5 million broker shares and 5
million broker options (on the same terms as the attached options, subject to shareholder
approval).
The Placement Shares and broker shares will be issued under existing ASX Listing Rule 7.1
and 7.1A issue capacity, while the Options will be issued when shareholder approval under
Listing Rule 7.1 is obtained.
The Share component of the Placement is expected to settle on 17 March 2026, while issue
of the options will occur subject to receipt of the required shareholder approval under
Listing Rule 7.1.
The Company proposes to call a general meeting shortly to seek approval for issue of the
options.
This announcement has been approved for release by the Board of The Calmer Co.
International Limited
For further information
Investor & Media Relations
Zane Yoshida
investors@thecalmerco.com
The Calmer Co. Ltd & Fiji Kava Australia (Trading) Pty Ltd
96 Victoria Street, West End, Queensland, 4101, Australia
PO Box 5864, 77-75 Russell Street, West End, Queensland, Australia, 4101
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About The Calmer Co.
The Calmer Co. International Limited (ASX:CCO) is a fast-growing beverage business
leveraging a global opportunity in kava and other natural products that replace alcohol and
support relaxation and sleep.
Our products are delivered to consumers globally through e-commerce channels and blue-
chip retail distribution partners, supported by a reliable farm to shelf supply chain.
The product range includes drinking powders, natural and flavoured kava shots,
concentrates and capsules, sold under the brands Fiji Kava®, Taki Mai® and Danodan
Hempworks in markets including USA, Australia, New Zealand, China and the Pacific
Islands.
Forward looking statements
This ASX release includes certain forward-looking statements that are based on
information and assumptions known to date and are subject to various risks and
uncertainties. Actual results, performance or achievements could be significantly different
from those expressed in, or implied by, these forward-looking statements. Such forward-
looking statements are not guarantees of future performance and involve known and
unknown risks, uncertainties and other factors, many of which are beyond the control of
the Company. These factors may cause actual results to differ materially from those
expressed in the statements contained in this announcement.
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