• Mayfield Group raises $30.5M through private placement at $1.90 per share
• Offers Share Purchase Plan (SPP) to existing shareholders to raise up to $3M
• Proceeds to fund pipeline of potential acquisitions and increase manufacturing capabilities

Mayfield Group Holdings Limited (ASX: MYG) has announced a private placement to institutional investors to raise $30.5 million at an issue price of $1.90 per share. The placement will be issued under the company's existing placement capacity. In addition, Mayfield will offer a non-underwritten Share Purchase Plan (SPP) to existing eligible shareholders, allowing them to purchase up to $30,000 worth of shares at the same $1.90 price. The total amount to be raised under the SPP is capped at $3 million. Proceeds from the placement and SPP will be used to fund Mayfield's pipeline of potential acquisitions and other initiatives to increase manufacturing capacities and capabilities. The placement price of $1.90 represents a 4.5% discount to the last closing price and a 3.3% discount to the 5-day volume weighted average price. Unified Capital Partners is acting as Lead Manager and Bookrunner for the placement. The placement is expected to settle on 14 November 2025, with new shares to be issued and commence trading on 18 November 2025. The SPP will open on 17 November 2025 and close on 28 November 2025, with shares to be allotted and commence trading on 4 December 2025.