Key points
- OMG Group secures $1.5m placement at $0.007 per share
- Slades Beverages commits $350,000, marking first equity investment
- Share Purchase Plan offers $250,000 to existing shareholders
- Funds to support matcha supply, inventory, and new product launches
- Slades to become oat milk manufacturing partner
Full summary
OMG Group Limited (ASX: OMG) has secured firm commitments to raise $1.5 million through a Placement at $0.007 per share, including a $350,000 cornerstone investment from Slades Beverages, a leading Australian beverage manufacturer. This marks Slades' first equity investment into a brand it manufactures and positions it as OMG Group's oat milk manufacturing partner. The Placement will also include a Share Purchase Plan targeting $250,000 from eligible existing shareholders at the same price. Directors will participate for approximately $170,000, subject to shareholder approval. The new capital will support increased matcha supply, inventory, and new product launches as OMG Group expands its product range and distribution footprint. The strategic partnership with Slades is expected to deliver manufacturing and supply-chain efficiencies as volumes scale.
Guidance
FY26 revenue growth of 48% to $6.13m
Outlook
The additional capital will position OMG Group to continue scaling the business and achieve cashflow breakeven.