Latest Equity Conversion News

Wellnex Life Limited is exploring acquisition interest and convertible note funding to accelerate Pain Away's expansion and strengthen its financial footing, signaling a pivotal phase in its turnaround journey.

Energy World Corporation has transformed its financial footing by converting USD434 million of debt to equity, setting the stage for the completion of its Pagbilao power plant and LNG terminal in the Philippines. The company is preparing for a strategic capital raising to propel these projects forward.

Orion Minerals reported a December 2025 quarter marked by significant cash outflows offset by fresh financing, including a major convertible loan and ongoing talks with Glencore for substantial project funding.

LG Energy Solution has converted its entire US$250 million convertible note into equity in Liontown, acquiring an 8% stake and simplifying the lithium miner’s capital structure.

Eden Innovations has significantly reduced its debt burden and secured fresh capital, while expanding sales and trials of its advanced concrete additives across key international markets.

Visionflex Group Limited reported a mixed quarter with a modest cash burn but strengthened its balance sheet through a significant debt-to-equity conversion and maintained solid funding capacity.

ASF Group Limited has settled a $1.07 million loan from Rey Resources by acquiring full ownership of Rey’s subsidiary holding stakes in key Queensland gas projects, marking a strategic shift from debt to asset-backed equity.

Jayride Group Limited reports a reduced quarterly loss and secures fresh capital, yet faces ongoing uncertainty over its ability to continue as a going concern during its ASX reinstatement process.

Wingara AG Limited has arranged a $250,000 unsecured loan facility from NAOS Asset Management entities, featuring a convertible note option that could reshape its capital structure.

Clara Resources has successfully placed over 300 million shortfall shares from its recent rights issue, raising nearly $1 million to accelerate development at its Ashford Coking Coal Project and explore new opportunities.

The Star Entertainment Group has secured crucial regulatory approvals to convert a $300 million strategic investment by Bally’s Corporation and Investment Holdings into equity, setting the stage for board changes and a path toward financial recovery.

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.