Latest Underwriting News

X2M Connect Limited (ASX:X2M) has launched a fully underwritten Share Purchase Plan (SPP) aiming to raise up to $1 million, offering eligible shareholders shares at a discount plus free options and bonus shares, subject to shareholder approval.

Dicker Data Limited (ASX:DDR) has declared a fully franked dividend of AUD 0.115 per share for the quarter ending 30 June 2026, offering shareholders a 1% discount through its Dividend Reinvestment Plan.

Starpharma has successfully completed a $32 million entitlement offer, nearly fully subscribed, to fund its DEP® HER2-Lutetium Phase 1 trial and further develop its oncology pipeline.

Bio-Gene Technology has raised approximately A$3.275 million through its second tranche placement and share purchase plan underwriting, issuing over 51 million new shares and 69 million options to investors.

Li-FT Power Ltd. is raising $20 million through a common share offering priced at $2.90 each, primarily to cover care and maintenance costs for its Renard diamond mine option and support corporate activities. The deal includes a 15% over-allotment option and has conditional TSXV approval.

Norwest Minerals has completed a partly underwritten entitlement offer, securing $1.89 million to fund exploration and development at its Bulgera Gold Project.

Li-FT Power Ltd. has secured a C$20 million bought deal public offering priced at C$2.90 per share, aimed at funding care and maintenance for the Renard option period and general working capital. The deal includes a 15% over-allotment option and anticipates participation from cornerstone investor Avenir Minerals.

Toubani Resources has successfully closed the retail tranche of its fully underwritten entitlement offer, securing approximately A$70 million to support its Kobada Gold Project development.

AuKing Mining has secured a full underwriting agreement with GBA Capital to guarantee raising approximately $9.14 million through the exercise of nearly 305 million unlisted options expiring in April 2027.

Credit Corp delivered a 12% profit rise to a record $105.5 million in FY2026, powered by a 57% surge in US debt buying earnings and a strategic entry into UK consumer lending.

Mayfield Childcare has launched a $3 million entitlement offer, fully covered by major shareholder pre-commitments and partial underwriting, to bolster working capital and support its operational turnaround amid ongoing sector challenges.

Steadfast Group confirms the consortium led by Amwins, Dragoneer, and KKR is progressing its $6 per share cash acquisition proposal, with due diligence substantially complete and exclusivity extended to 19 August 2026.