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DAI — Decidr AI Industries News Story

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Australia's Decidr AI Industries hits record high on raising $13 million

** Shares of Decidr AI Industries DAI.AX rise as much as 18.6% to record high of A$1.115

** Last up 11.7%

** AI platform developer raises A$20 mln ($13.17 mln) via placement to further develop its upcoming product DecidrOS, and expand into international markets, among other purposes

** Funds raised at A$0.9/shr, a discount of 4.3% to stock's last close

** The price is at a 1.5% premium on the 10-day VWAP

** About 1.7 mln shares traded so far, 1.8x 30-day average of 965,153

** Stock up 22.1% YTD, including moves in current session

($1 = 1.5186 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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