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EOS Raises A$190m to Fund MARSS Acquisition and Growth

10:00am on Thursday 1st of January, 1970 AEST Defence
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EOS Raises A$190m to Fund MARSS Acquisition and Growth

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • A$150 million fully underwritten institutional placement at A$8.00 per share
  • A$40 million strategic placement with Calidus and defence investor, subject to shareholder approval
  • Non-underwritten A$25 million share purchase plan for existing shareholders
  • Capital raised plus term loan to fund MARSS acquisition upfront payment
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