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How Will Cash Converters’ $25M Raise Transform Its Store Network?

9:29am on Monday 27th of October, 2025 AEDT Financial Services
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How Will Cash Converters’ $25M Raise Transform Its Store Network?

9:29am on Monday 27th of October, 2025 AEDT
Key Points
  • Equity raising of ~$25 million via placement and entitlement offer at $0.305 per share
  • Acquisition of 29 franchise stores for $37 million, expected to be earnings accretive
  • EZCORP commits to full entitlement subscription and partial sub-underwriting
  • Corporate store network to expand from 92 to 121 stores on completion
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