Completion of Bookbuild for Capital Raising
| Stock | Vysarn Ltd (VYS.ASX) |
|---|---|
| Release Time | 29 Jul 2026, 8:57 a.m. |
| Price Sensitive | Yes |
Vysarn Completes Bookbuild for Capital Raising
- Vysarn Limited has completed a fully underwritten capital raising.
- The company issued 62.2 million shares at $1.05 each, raising $65.3 million.
- Placement shares are expected to settle on August 5, 2026, and trade on August 6, 2026.
Vysarn Limited, a vertically integrated water services company, has successfully completed its fully underwritten capital raising. The company issued 62.2 million new fully paid ordinary shares at an issue price of $1.05 per share, raising a total of $65.3 million. The placement received strong support from existing institutional and other professional and sophisticated investors. The shares under the placement are expected to settle on August 5, 2026, and commence trading on the ASX on August 6, 2026. Unified Capital Partners Pty Ltd acted as Lead Manager, Underwriter, and Bookrunner to the placement, with Morgans Corporate Limited and Canaccord Genuity (Australia) Limited acting as Co-Managers. Candour Advisory Pty Ltd acted as Financial Advisor and Thomsons as Legal Adviser.
Vysarn Limited raises $65.3 million through the placement of 62.2 million shares.
Vysarn expects the capital raised to support its ongoing operations and growth initiatives.