Latest Restructuring News

Alfabs Australia has strengthened its financial footing in Q4 FY26, commissioning new mining equipment and cutting costs to reduce net debt and progress towards dividend reinstatement.

Li-FT Power has gained a two-year exclusive call option, approved by the Superior Court of Québec, to acquire the Renard diamond mine site with plans to explore its conversion for lithium processing.

Pilot Energy Limited and its subsidiaries have appointed voluntary administrators after failing to secure necessary funding or a strategic partner for their Cliff Head Carbon Storage Project. The company’s shares remain suspended on the ASX as administrators review options to preserve stakeholder value.

Enlitic plans a A$15 million capital raise through a conditional placement and a targeted A$1 million security purchase plan, alongside a 10-to-1 share consolidation, all subject to shareholder approval and ASX waivers.

Visionflex Group turned the corner with positive operating cash flow in Q4 FY26 and the launch of its unattended access capability, while securing new contracts to expand its virtual healthcare footprint.

MyEco Group has finalised its operational overhaul, consolidating manufacturing in China and cutting fixed costs to sharpen its focus on sustainable packaging growth.

Etherstack posted a record US$8.5 million revenue in the first half of FY26, hitting the top end of guidance and setting the stage for a 70% full-year growth over FY25. The company’s expanding order book and Communications-as-a-Service rollout underpin a strategic capital review.

Euro Manganese has restructured its $23.5 million convertible loan with Orion into a royalty on its Chvaletice Manganese Project, enhancing financial flexibility and streamlining its capital structure ahead of project development.

Proteomics International has won a key US patent for its PromarkerEndo blood test, bolstering its commercial foothold in the world’s largest healthcare market. The patented technology offers a non-invasive, accurate diagnosis of endometriosis, a condition that currently takes years to detect.

SPC Global reported solid Q4 FY26 growth driven by domestic beverage sales and a 50.8% jump in international revenue, while a $100 million equity raise slashed net leverage and paved the way for improved cash flow in FY27.

QPM Energy Limited and its subsidiaries have entered voluntary administration with McGrathNicol appointed as administrators and FTI Consulting as receivers over key gas-producing entities. The move aims to stabilise operations and explore restructuring options amid ongoing financial distress.

The Supreme Court of New South Wales has approved the scheme of arrangement for Rubik Australia to acquire Qube Holdings, setting the stage for trading suspension and ownership transfer.