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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
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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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L1 GLOBAL LONG SHORT FUND (ASX:GLS)
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