Latest Recapitalisation News

Noumi Limited lifted FY26 revenue by 8.8% and adjusted operating EBITDA by 7.6%, driven by Dairy & Nutritionals' strong earnings and strategic investments in Plant-based Milks. The company faces refinancing uncertainty with $610 million convertible notes maturing in May 2027, prompting a proposed acquisition by majority shareholder Arrovest.

Carbonxt has completed delivery of all replacement kiln parts at its Kentucky activated carbon facility and is on track for construction completion this quarter. The company also increased its investment in NewCarbon Processing, raising its stake to 49.4%.

WA Kaolin Limited has entered receivership with Cathro & Partners taking control, signalling urgent assessment of operations and potential sale or recapitalisation.

Green Technology Metals (ASX: GT1) completed an A$11 million recapitalisation, advancing its Seymour Lithium Project DFS, permitting, and financing efforts with a target Final Investment Decision in 2027.

Babylon Pump & Power has initiated a $12.7 million rights issue at a 37.5% discount to restore working capital, reduce debt, and expand its water management rental fleet, aiming to lift its ASX trading suspension.

Noumi Limited has struck a binding deal with major shareholder Arrovest to acquire all remaining shares via a scheme of arrangement, offering shareholders a 12.2% premium amid looming $610 million convertible note maturity.

Keybridge Capital Limited confirms ongoing financial support from WAM Active and outlines plans to meet overdue reporting obligations ahead of a potential ASX delisting.

Carbonxt has locked in a $11 million recapitalisation plan with major shareholders to strengthen its balance sheet as its Kentucky activated carbon facility nears commercial production.

Terra Metals appoints Debra Bakker as Chair alongside Jeff Quartermaine and Jennifer Purdie to steer the company’s shift from exploration to development at its promising Dante Project in Western Australia.

Babylon Pump & Power is steering through a strategic reset with its rental business booming and new funding arrangements in place, aiming to resume trading by August 2026.

EROAD Limited reported stable FY26 revenue of NZD 195 million amid a $134.7 million North American impairment, unveiling a strategic reset centred on ANZ growth and its expanding electronic Road User Charges platform.

Spenda Limited has accelerated its strategic turnaround by slashing operating costs by about $400,000 per month and locking in new retail contracts, while eyeing divestments and emerging tech opportunities.