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Megaport Raises A$200M to Accelerate India Expansion and Acquire Latitude.sh

8:55am on Wednesday 12th of November, 2025 AEDT Technology
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Megaport Raises A$200M to Accelerate India Expansion and Acquire Latitude.sh

8:55am on Wednesday 12th of November, 2025 AEDT
Key Points
  • A$200 million fully underwritten institutional placement at A$14.30 per share
  • Approximately 14 million new shares issued at a 6.5% discount to last close price
  • Funds to support Latitude.sh acquisition and accelerated India network expansion
  • Strong demand from existing and new institutional investors
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