Heavily discounted equity raise by KMD Brands

31.3.26 KMD today announced an approximately $65.3 million fully underwritten equity raising. The offer comprises: a fully underwritten placement (“Placement”) of new fully paid ordinary shares to eligible institutional shareholders and new institutional investors to raise approximately $6.8 million; and a fully underwritten 1 for 0.73 pro-rata accelerated renounceable entitlement offer (“Entitlement Offer”) of New […]