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EOS Nets $158.6M from EM Solutions Sale, Clears $61M Debt Fully
6:12pm on Sunday 1st of June, 2025 AEST
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EOS Nets $158.6M from EM Solutions Sale, Clears $61M Debt Fully
6:12pm on Sunday 1st of June, 2025 AEST
Key Points
Sale of EM Solutions completed for $158.6 million, above initial $144 million valuation
Full repayment of $61.1 million debt to Washington H. Soul Pattinson
EOS now holds zero borrowings and approximately $128 million in cash
Restricted cash of $48 million remains as security for bank guarantees
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ELECTRO OPTIC SYSTEMS HOLDINGS (ASX:EOS)
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