|12 Months Ended|
Sep. 30, 2021
21. Share capital
The annual financial statements are prepared as a continuation of the financial statements of Arqit Limited, except where equity is adjusted to reflect the legal capital structure of the Company.
On September 2, 2021, the Company had 12,973,270 ordinary shares in issue with a par value of $0.0001. Immediately following the above transaction, the Company closed a series of subscription agreements with accredited investors (“PIPE Investors”) for a private placement of 7,100,000 ordinary shares. PIPE financing led to an increase in share premium of $70,999,290.
As of September 30, 2021, the total number of ordinary shares of the Company outstanding is 110,073,430 with a par value of $0.0001.
Movements in the year in the issued share capital of Arqit Limited and the Company are as follows:
Arqit Quantum Inc.
No definition available.
The entire disclosure for share capital, reserves and other equity interest.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef