Latest Restructuring News

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.

FirstWave Cloud Technology has secured $2.85 million in a capital raise to fuel its pivot towards AI-powered compliance management and expand its global footprint, following a successful operational turnaround.

MC Mining Limited has appointed Yi (Christine) He as its permanent Managing Director and CEO, cementing leadership ahead of key coal production milestones at the Makhado Project.

Australian Unity Limited has announced a $120 million equity raising through a pro rata entitlement offer and wholesale placement, underpinning its ongoing transformation and capital management strategy. The company also reported robust FY2025 financial results, highlighting significant revenue growth and improved profitability.

Rewardle Holdings has arranged a $2 million revolving standby debt facility with Temorex, secured by its CloudHolter shares, offering fresh working capital and flexible fee payment options.

Identitii Limited has issued 45 million shares to partially settle an $800k loan, increasing a key shareholder's stake to 29.92%. This move reflects ongoing capital restructuring within the tech firm.

My Foodie Box Limited, soon to be Tarrina Resources Limited, is pivoting from meal kits to mineral exploration by acquiring promising gold and base metal projects and raising $5 million to fund exploration.

Identitii Limited has issued 45 million shares to partially settle an $800,000 loan, increasing a key shareholder's stake to nearly 30%. This move reshapes the company’s capital structure amid ongoing funding arrangements.

KMD Brands reported a slight revenue increase to NZD 989 million for FY25 but faced significant underlying losses, prompting a strategic reset. The company also reinforced its commitment to tackling modern slavery risks across its global supply chain.

K&S Corporation has lost its decades-long transport service contracts with InfraBuild following a competitive tender, with the transition expected before the end of FY2026. The financial impact remains unclear as the company prepares for operational changes.

Kula Gold has transferred 24 million shares held as security by Acuity Capital to a placement participant, raising $528,000 and eliminating collateral shares under its ATM facility.

Delorean Corporation has locked in a $14.5 million lower-cost loan facility with National Australia Bank to fund its SA1 Salisbury Bioenergy Project, refinancing existing debt and freeing capital for further bioenergy developments.