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Embark Raises $12M to Fuel Mayfield Takeover Bid
9:36am on Monday 15th of December, 2025 AEDT
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Embark Raises $12M to Fuel Mayfield Takeover Bid
9:36am on Monday 15th of December, 2025 AEDT
Key Points
Placement raised $12 million at $0.60 per share
Shares issued at a 5.5% discount to last close price
Funds to partly finance Mayfield Childcare takeover bid
Strong support from existing and new institutional investors
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