• Raised $19.5m via share placement
• Funds to pay down debt and support HBT integration
• Strengthens balance sheet and financial flexibility

Stealth Group Holdings Ltd ('Stealth' or 'the Company') has announced the successful completion of a $19.5 million share placement to institutional and sophisticated investors. The placement involved the issue of 19.5 million new ordinary fully paid shares at $1.00 per share, representing a 14.5% discount to the last close and a 13.7% discount to the 10-day VWAP. The capital raising was strongly supported, with allocations made to high-quality institutional and professional investors. The funds raised will be primarily applied to pay down a portion of Stealth's existing debt, improving financial flexibility and reducing leverage. Additionally, the funds will provide additional working capital to support the rollout of the wholesale distribution strategy being implemented as part of the ongoing HBT integration. These initiatives are expected to enhance Stealth's capacity to scale its national multi-channel distribution platform across industrial, hardware, trade and consumer markets. CEO Mike Arnold commented that the strengthened balance sheet will provide the financial flexibility required to progress the HBT integration and accelerate the expanded wholesale distribution strategy, positioning Stealth for the next phase of its national multi-channel growth plan.

The capital raising supports the execution of Stealth's expanded operating model following the acquisition of Hardware and Building Traders (HBT). The funds will enhance the company's financial flexibility and capacity to scale its national multi-channel distribution platform across industrial, hardware, trade and consumer markets.