middle.news

betr Completes $130M Equity Raise to Fuel PointsBet Acquisition

1:55am on Monday 2nd of June, 2025 AEST Financial Services
Read Story

betr Completes $130M Equity Raise to Fuel PointsBet Acquisition

1:55am on Monday 2nd of June, 2025 AEST
Key Points
  • Retail entitlement offer raised approximately $15.6 million
  • Total equity raising fully underwritten and reached $130 million
  • Funds to partially finance acquisition of PointsBet Holdings Limited
  • Retail shareholder participation rate at 14.4%, with remaining shares allocated to sub-underwriters
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Betr Entertainment (ASX:BBT)
OPEN ARTICLE