Latest Spc Global (ASX:SPG) News

SPC Global has finalised its $100 million entitlement offer, allocating most shortfall shares to sub-underwriters and positioning the company to reduce debt and support growth.

SPC Global has launched a fully underwritten entitlement offer to raise approximately $97.1 million at 10 cents per share, aiming to reduce debt and support working capital.

SPC Global Holdings has kicked off a fully underwritten $100 million equity raise via a 1-for-0.1993 renounceable entitlement offer priced at $0.10 per share, aiming to sharply reduce net debt and back its expansion plans.

Capital raisings, resource updates and Medicare news drove the week’s biggest share moves. The sharpest gains came from silver and tungsten juniors, while the heaviest fall came from a deeply discounted equity raising.

Capital raising news drove the biggest swings in finance stocks this week, with SPC Global collapsing after a deeply discounted offer and Klevo Rewards jumping on fast payment growth. Deal approvals, buybacks and dividend updates kept the rest of the sector busy, but investors stayed selective.

Finance stocks split into two camps this week: steady earners with cash returns, and event-driven names with violent price swings. Aland Equity, Ovanti and FleetPartners led the move list as investors reacted to deal talk, a placement probe and a profit result plus legal settlement.

SPC Global Holdings (ASX: SPG) has voluntarily suspended trading of its shares pending details of a proposed equity raising, with the suspension expected to last until 11 May or until the announcement is made.

Rare earths, lithium and antimony stocks drove the week, while a handful of capital raisings and profit warnings hit hard. The biggest gains came from drilling wins and deal news. The sharpest falls came where investors faced dilution, weaker earnings or takeover friction.

SPC Global Holdings Limited reported continued improvement in Q3 FY26, with net sales revenue and normalised EBITDA on track to meet full-year guidance. The company is progressing with its Mill Park facility closure and expanding its international footprint, particularly in Asia.

SPC Global Holdings delivered a transformational FY25 with robust financial results and strategic international growth, setting the stage for a confident 25% EBITDA increase in FY26.

SPC Global Holdings has transitioned its senior lending from Scottish Pacific to Commonwealth Bank, securing $134 million in debt financing and anticipating $3 million in annual interest savings.

SPC Global Holdings Ltd has reported FY25 proforma results exceeding guidance with a normalised EBITDA of $30.3 million, setting the stage for ambitious growth and international expansion in FY26.