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betr Completes $130M Equity Raise to Fuel PointsBet Acquisition
9:12am on Thursday 22nd of May, 2025 AEST
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Financial Services
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betr Completes $130M Equity Raise to Fuel PointsBet Acquisition
9:12am on Thursday 22nd of May, 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
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