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KMD Brands Limited ( (AU:KMD) ) has provided an update.
KMD Brands Limited has requested an immediate trading halt on its ordinary shares on both the NZX and ASX as it prepares a capital raising. The halt is intended to maintain an orderly market while the company finalises terms for a placement and accelerated entitlement offer to be launched alongside its half-year 2026 financial results.
The company has begun a confidential wall-crossing process with select investors and is effectively conducting an extended bookbuild for a private placement. Trading is expected to resume once KMD announces the final terms of the capital raise and releases its HY26 results, with a further short halt anticipated to complete the institutional component of the offer.
More about KMD Brands Limited
KMD Brands Limited is a dual-listed retailer on the NZX and ASX, best known for its outdoor and lifestyle apparel and equipment brands. The company targets consumers in Australasia and globally seeking performance and adventure wear, positioning itself within the broader consumer discretionary and outdoor retail sector.
For detailed information about KMD stock, go to TipRanks’ Stock Analysis page.