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L1 Global Long Short Fund Secures $62M Placement After Strong Shortfall Demand

9:44am on Thursday 4th of December, 2025 AEDT Financial Services
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L1 Global Long Short Fund Secures $62M Placement After Strong Shortfall Demand

9:44am on Thursday 4th of December, 2025 AEDT
Key Points
  • Strong demand in shortfall offer bookbuild
  • Additional $62 million institutional placement at $1.63 per share
  • Total capital raise up to $415 million including entitlement offer
  • Placement shares to rank equally with existing shares
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