Stealth Global Holdings Ltd. ( (AU:SGI) ) just unveiled an announcement.
Stealth Global Holdings Ltd has successfully completed a capital raising of $7.5 million, marking its first since listing on the ASX in 2018. This initiative has attracted high-quality institutional and sophisticated investors, strengthening the company’s shareholder base and providing financial capacity to support its growth strategies. The funds will be used to expand product ranges, grow marketplaces, and enhance digital infrastructure, aligning with Stealth’s strategic target of $300 million in sales by FY28. The capital raise is seen as a strategic move to improve liquidity and register composition, positioning Stealth as a scalable, multi-channel distribution platform in B2B and B2C markets.
More about Stealth Global Holdings Ltd.
Stealth Group Holdings is a prominent Australian distribution company operating in multiple sectors, including industrial, safety, automotive, workplace, and consumer products. The company serves businesses, trade professionals, and retail consumers through an omni-channel model that includes a large sales force, contact centers, physical stores, and online platforms. Stealth operates with two divisions, Industrial and Consumer, offering over 200,000 in-stock products and an additional 300,000 non-stocked products sourced on demand. The company also provides various services such as bespoke product ranges, inventory management, and hire-rental services.
YTD Price Performance: 93.02%
Average Trading Volume: 286,854
Technical Sentiment Signal: Sell
Current Market Cap: A$97.14M
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