Eureka Group Holdings Limited (AU:EGH) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Eureka Group Holdings Limited is raising approximately $70.4 million through a fully underwritten placement and an entitlement offer, allowing eligible shareholders to purchase new shares at $0.61 each. Institutional investors have already participated, with the retail entitlement offer now open to eligible shareholders in Australia and New Zealand. Ineligible shareholders will have their shareholdings diluted but may receive proceeds from the sale of their entitlements.
For further insights into AU:EGH stock, check out TipRanks’ Stock Analysis page.