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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
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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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Cash Converters International (ASX:CCV)
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