Equity Raising Presentation
| Stock | Megaport Ltd (MP1.ASX) |
|---|---|
| Release Time | 11 Nov 2025, 8:31 a.m. |
| Price Sensitive | Yes |
Megaport Announces Equity Raising to Fund Acquisitions and Accelerate Network Expansion
- Acquisition of Latitude.sh to expand Megaport's global reach and capabilities
- Integration of Latitude.sh's operations and network
- Funding to accelerate network expansion in India
- Trading update and FY26 guidance provided
Megaport Ltd has announced an equity raising to fund the acquisition of Latitude.sh and accelerate network expansion, particularly in India. The acquisition of Latitude.sh will expand Megaport's global reach and capabilities, with the company providing details on the operating structure and integration plans. The equity raising comprises a fully underwritten institutional placement and a non-underwritten share purchase plan. Proceeds will be used to fund the Latitude.sh acquisition and Megaport's network expansion in India. The company has also provided a trading update and FY26 guidance, highlighting the strategic rationale and financial impacts of the proposed transactions. Megaport has undertaken due diligence on the Latitude.sh acquisition, though notes there is a risk that issues may arise which could impact Megaport's operations, financial performance and/or financial position. The presentation includes important notices and disclaimers, including around forward-looking statements and the use of non-IFRS financial information.
Megaport expects to provide FY26 guidance following completion of the Latitude.sh acquisition.
Megaport is focused on expanding its global reach and capabilities through the acquisition of Latitude.sh, as well as accelerating its network expansion in India. The company believes these initiatives will position it for continued growth and value creation.