What is a Appendix 4C - Quarterly report for entities admitted on the basis of commitments

Appendix 4C is a quarterly report that entities admitted on the basis of commitments must provide to the Australian Securities Exchange (ASX). This report provides information on the entity's activities and performance for the quarter and is designed to keep investors informed of any significant developments.

Entities admitted on the basis of commitments are usually those that have not yet met all of the requirements for admission to the ASX, but have made commitments to do so within a certain timeframe. These commitments may include meeting certain financial or corporate governance requirements.

An example of when a company may use Appendix 4C is if it has recently been admitted to the ASX on the basis of commitments and needs to provide regular updates on its progress towards meeting all the requirements for full admission. The company would need to provide information on its financial performance, business activities, and any other significant developments that may impact its ability to meet its commitments.

For example, if a company has committed to raising a certain amount of capital by a specific date in order to meet ASX admission requirements, it may use Appendix 4C to provide updates on its progress towards meeting that goal. This would include information on any capital raising activities undertaken during the quarter, such as the number of shares issued or the amount of funds raised. The company may also provide information on any other significant developments, such as the acquisition of a new business or the launch of a new product or service.

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