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ARC Funds Raises $1.4M to Acquire Majority Stake in The Term Deposit Shop
3:04am on Monday 2nd of June, 2025 AEST
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Financial Services
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ARC Funds Raises $1.4M to Acquire Majority Stake in The Term Deposit Shop
3:04am on Monday 2nd of June, 2025 AEST
Key Points
Raised $600,000 via equity placement at a 4.5% premium
Secured $800,000 in unsecured private debt facilities at 12% interest
Acquisition of 63.49% of The Term Deposit Shop Pty Ltd and 100% of TTDS Holdings Pty Ltd
The Term Deposit Shop platform manages over $550 million in funds
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Arc Funds (ASX:ARC)
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