Eureka Group Holdings Limited (AU:EGH) has released an update.
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Eureka Group Holdings Limited is inviting eligible retail shareholders to participate in a 1 for 3.4 accelerated non-renounceable entitlement offer of new shares, priced at $0.61 each. The offer aims to raise a total of $55.4 million, with $15 million already secured from initial placements and $48.8 million from institutional investors. The retail component, expected to generate approximately $6.6 million, closes on November 11, 2024.
For further insights into AU:EGH stock, check out TipRanks’ Stock Analysis page.