Activeport Secures $3.6M Placement Backed by Antipodes and Institutional Investors

Strong Institutional Backing Boosts Activeport's Growth Capital

Activeport Group Limited (ASX:ATV) has successfully raised approximately A$3.6 million through a strategic placement that attracted firm commitments from institutional and sophisticated investors, including notable new shareholders Antipodes Partners and Scobie Ward. The oversubscribed placement signals robust market confidence in Activeport's network automation and orchestration technology amid its recent executive reshuffle and sharpened strategic focus.

Executive Chairman and CEO Peter Christie described the capital raise as "a defining moment" for Activeport, highlighting the calibre of investors as a powerful endorsement of the company’s growth plans. The placement proceeds will underpin product development, sales expansion, business development initiatives, and general working capital needs, positioning Activeport to accelerate at a critical juncture for the network automation sector.

Placement Structure and Pricing Details

The placement involves the issue of 242.3 million new shares at A$0.015 each, representing a 16.7% discount to the last closing price and deeper discounts to recent volume-weighted average prices. The raise is structured in two tranches: the first tranche of 169 million shares is being issued under the company’s existing placement capacity and does not require shareholder approval, while the second tranche of 73 million shares awaits approval at an upcoming shareholder meeting.

In addition, the joint lead managers Alpine Capital and GBA Capital will receive 22 million broker options exercisable at A$0.02, subject to shareholder approval. This incentive aligns the brokers with Activeport’s future share price performance, potentially amplifying the raise’s impact if the company meets its growth targets.

Strategic Investors Signal Confidence in Technology and Market Position

Among the new strategic investors, Antipodes Partners stands out as a globally recognised equities manager with offices in Sydney and London and recent accolades including Morningstar’s 2026 Fund Manager of the Year. Scobie Ward, co-founder and former chairman of Ward Ferry Management, adds further weight with his reputation as a respected long-only equity manager in Asia.

Existing shareholder MWP Partners also participated strongly, reinforcing the existing investor base’s confidence. This combination of fresh and follow-on institutional support reflects growing conviction in Activeport’s ability to capitalise on expanding opportunities in telecommunications, data centres, and AI-driven network orchestration markets.

Capital Deployment Priorities and Upcoming Milestones

The $3.6 million will be allocated primarily to product development and sales growth, each receiving $900,000, with $384,000 earmarked for business development and $1.2 million for working capital. The raise also covers $250,000 in offer costs. Activeport’s focus on scaling its software platforms aligns with recent commercial momentum, including new contracts and partnerships that underpin recurring revenue potential.

The settlement of the new shares is scheduled for 31 July 2026, with allotment planned for 3 August 2026. Shareholder approval for the second tranche and broker options will be sought at a meeting to be convened shortly, marking the next key event for investors to monitor.