Blackpearl Group has announced a $15 million capital raise, comprising a $7m institutional placement and a 1 for 7.70 pro-rata accelerated non-renounceable entitlement offer.
The company said the funds will be used to finance the acquisition of B2B Rocket and to support growth investments.
The offer will be priced at $0.95 per share, representing a discount of 13.6% to the last close price and 15% to the 5-day volume-weighted average price.
Up to 15.8 million new shares may be issued.
Blackpearl Group is also seeking a secondary listing on the ASX and has applied for quotation of its shares as a foreign exempt listing.
The acquisition of B2B Rocket is expected to be completed on August 21, 2025.
See more
