CNI Launches $300M Equity Raising
Key points
- $300M equity raising to accelerate growth
- Includes institutional placement and retail entitlement offer
- Funds to be used for AI Factory expansion and real estate platform growth
Full summary
Centuria Capital Group (CNI) has announced a $300 million fully underwritten equity raising to provide funding flexibility for growth. The raising comprises a $200 million institutional placement and a $100 million retail entitlement offer. The funds will be used to accelerate growth across ResetData, Centuria's AI Factory, and its real estate equity and credit funds management platform. The raising is expected to issue approximately 150 million new securities at $2.00 each, representing a 6% discount to the last closing price.
Guidance
Reaffirms FY26 operating earnings per security guidance of 13.6 cents per security
Outlook
The raising aims to capitalize on increased demand for AI capacity and expand Centuria's real estate platform.
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