Latest It Distribution News

L1 Group Limited has successfully closed its Share Purchase Plan, raising the targeted $25 million despite demand exceeding $31.9 million. The company will issue over 26 million new shares, with scaled allocations to balance shareholder equity.

CD Private Equity Fund III reported a $3.02 million net loss for the half-year ending September 2025, driven largely by foreign currency translation losses, yet maintained a 10 cent per unit distribution supported by portfolio realisations and cash management.

CD Private Equity Fund II reported a reduced net loss of $2.43 million for the half-year to September 2025, supported by $9.45 million in distributions from portfolio realisations. Despite foreign exchange headwinds, the Fund maintains a diversified portfolio and a positive long-term return track record.

CD Private Equity Fund I reported a $2.6 million net loss for the half-year ended 30 September 2025, driven by foreign exchange impacts and fair value adjustments, while distributing 8 cents per unit amid ongoing portfolio realisations.

TruScreen Group Limited reported a 17% decline in first half FY2026 product sales but affirmed full-year revenue guidance at NZ$2.8 million, supported by strategic expansions and a successful NZ$4 million capital raise.

Uscom Limited reported a 25% revenue decline in FY25 amid global geopolitical challenges but reinforced its commitment to growth through strategic partnerships and innovative medical technologies.

Seven West Media has secured crucial approval from the Australian Communications and Media Authority, advancing Southern Cross Media's acquisition plans. The upcoming scheme meeting in December will be pivotal for shareholders.

NAOS Small Cap Opportunities Company Limited has updated its dividend distribution details for the quarter ending September 2025, adjusting the Dividend Reinvestment Plan pricing and methodology.

OpenLearning has strengthened its foothold in the Philippines through a strategic investment from CE Nexus, a division of leading publisher C&E Publishing, aiming to boost growth in Southeast Asia's education technology market.

Altech Batteries has completed the final design of its next-generation Sodium Nickel Chloride UPS battery system, setting the stage for factory testing and trial deployments across the Netherlands. This milestone marks a significant step toward broader European commercialisation.

ReNerve Ltd reports a strong 53% year-on-year revenue increase, expanding its US distribution network and advancing clinical studies for its nerve repair products. The company is poised for significant global market growth with new partnerships and upcoming product launches.

Algorae Pharmaceuticals has secured a key distribution agreement with global giant Dr. Reddy’s Laboratories to supply the chemotherapy drug Capecitabine in Australia, marking a significant step in its oncology commercialisation strategy.