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Broadband

Swoop launches AUD 41 million capital raise to fund acquisitions

Thursday 14 October 2021 | 10:21 CET | News
Australian fixed wireless and wholesale network infrastructure provider Swoop has launched its AUD 41 million capital raise to fund its latest and future identified acquisitions. The underwritten placement to institutional, professional and sophisticated investors is at an issue price of AUD 1.85 per share and will result in the issue of 22 million new shares in Swoop. Swoop will also offer a Share Purchase Plan (SPP) to eligible existing shareholders to raise up to AUD 5 million at the same issue price.

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Categories: Fixed
Companies: Swoop
Countries: Australia
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