Latest Financial Restructuring News

Terramin Australia Limited has announced a pro-rata non-renounceable rights issue to raise approximately $38.3 million, partially underwritten by major shareholder Asipac Group Ltd. The capital raise aims to fund key project developments and repay debt, while potentially diluting existing shareholders and increasing Asipac’s voting power.

AdNeo Limited reports a robust 54% increase in customer receipts for Q1 FY26, driven by the strategic acquisition of Learnt Group and significant cost synergies. The company also slashes debt and advances its sales pipeline, positioning itself for cash flow positivity within the year.

Energy World Corporation focused on advancing its capital raising and asset sales in Q3 2025, ending the quarter with $15 million in cash but no revenue generation.

Audio Pixels Holdings has extended the maturity of $12.3 million in convertible notes to January 2027 and capitalised $4.05 million in accrued interest, enhancing its financial flexibility.

Ryzon Materials has agreed to capitalise its entire secured debt by issuing shares and options, a move that could reshape its capital structure and support progress on its Nachu graphite project.

Vinyl Group has finalized an equity conversion agreement with Songtradr, extinguishing nearly $2 million in liabilities and gaining full control of the Vinyl.com domain. This move strengthens the company’s balance sheet and sets the stage for its FY26 growth ambitions.

Bod Science Limited has reported a notable profit turnaround for FY2025, driven by medicinal cannabis sales growth, while navigating a complex Deed of Company Arrangement and a proposed backdoor listing with Biortica Agrimed Limited.

Noxopharm Limited has secured an extension on $2.6 million of convertible notes and obtained a $1.25 million unsecured loan to bolster working capital, pending shareholder approval.

ChemX Materials Limited has entered voluntary administration following a turbulent quarter marked by convertible note amendments, a trading suspension, and ongoing funding challenges.

JAYRIDE Group Limited has confirmed Randy Prado as CEO and Ram Navaratnam as Finance Director, cementing leadership as it advances its SaaS mobility platform with pilots in Southeast Asia.

Central Petroleum Limited has reported a robust 43% increase in underlying EBITDAX for FY2025, alongside its inaugural on-market share buy-back, signaling confidence in its strengthened financial footing and growth prospects.

Visionflex Group’s cornerstone investors are converting $3.25 million of debt into equity at double the last closing price, paving the way for a debt-free balance sheet and a streamlined capital structure.