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Cash Converters Secures $15.74M Institutional Raise Ahead of $25M Franchise Buy

9:31am on Wednesday 29th of October, 2025 AEDT Financial Services
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Cash Converters Secures $15.74M Institutional Raise Ahead of $25M Franchise Buy

9:31am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Institutional placement and entitlement offer raised $15.74 million
  • Largest shareholder EZCORP fully subscribed and sub-underwrote retail offer
  • Total equity raising expected to reach $25 million including retail component
  • Proceeds earmarked for acquisition of 29 franchise stores across four Australian states
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