Nextdc Limited (AU:NXT) has released an update.
NEXTDC Limited has successfully finalized its institutional entitlement offer, raising approximately A$937 million with a remarkable 99% uptake by existing eligible institutional shareholders. The offer, part of a pro-rata accelerated non-renounceable entitlement offer, sold new shares at A$15.40 each. Retail shareholders are also set to participate, with a retail entitlement offer to open soon, aiming to raise an additional A$384 million.
For further insights into AU:NXT stock, check out TipRanks’ Stock Analysis page.
