Latest Underwriting News

Metro Performance Glass has successfully closed an oversubscribed rights offer, raising $23.9 million to support its turnaround and growth strategy, with Amari Metals securing a 51% stake.

Washington H. Soul Pattinson has released comprehensive rules for its Dividend Reinvestment Plan, clarifying shareholder eligibility, participation options, and share allocation procedures.

Carbonxt Group has successfully closed its non-renounceable pro-rata entitlement offer, issuing over 51 million Loyalty Options and raising approximately $514,000 to support its expansion plans.

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.

Coventry Group has launched a $20 million entitlement offer at a 15% discount to reduce debt and bolster working capital. Eligible shareholders can also apply for additional shares through a shortfall facility.

My Rewards International Limited has announced a pro-rata entitlement offer aiming to raise up to $4.1 million, a key step toward meeting ASX reinstatement conditions after a prolonged trading suspension. The offer includes a debt conversion proposal and is partially underwritten by major shareholders.

My Rewards International Limited (ASX – MRI) has announced a pro rata non-renounceable entitlement offer aiming to raise up to $4.12 million, primarily to reduce debt and strengthen working capital. The offer is partially underwritten and open to shareholders in select countries, with key dates set for September and October 2025.

Tower Limited has raised its full-year profit guidance significantly, driven by lower-than-expected large event costs, even as it moderates its premium growth outlook.

Flynn Gold has announced a renounceable rights issue to raise up to $3 million, aiming to accelerate exploration at its promising Golden Ridge project in Tasmania.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Peninsula Energy has completed a fully underwritten A$69.9 million equity raising, positioning the company to accelerate uranium production at its key Lance Project in Wyoming.

News Corporation has completed a $450 million secondary offering of Class B shares by key Murdoch family trusts, alongside a new stockholders agreement that reshapes family voting power and share transfer rights.