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Catapult Sports Ltd (ASX:CAT)

ALERT: Price-sensitive ASX Announcement for CAT
Current share price for CAT : $3.410 -3.83 (-52.90%)+
Announcement
Release
14 Oct 2025 9:45AM
Price at Release
$7.240
Full Release
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Summary
Catapult Sports Ltd announced the successful completion of a fully underwritten A$130 million institutional placement, involving the issuance of approximately 19.5 million new shares at A$6.68 each. The proceeds will fund the acquisition of IMPECT GmbH, a leading soccer analytics software company, and enhance Catapult's balance sheet for future strategic opportunities. The placement was well-received by investors, and the shares are set to commence trading on the ASX on October 20, 2025. Additionally, a Share Purchase Plan aiming to raise A$20 million will be available to eligible shareholders.
Key Points
  • Catapult Sports Ltd completed a fully underwritten A$130 million institutional placement.
  • The placement involved approximately 19.5 million new shares, representing 6.9% of existing shares.
  • Placement shares were offered at A$6.68, a discount to previous share prices.
  • Funds will be used to acquire IMPECT GmbH, a soccer analytics software innovator.
  • The placement had strong support from both domestic and international investors.
  • Settlement of placement shares is expected on October 17, 2025, with trading commencing on October 20, 2025.
  • A non-underwritten Share Purchase Plan (SPP) targeting A$20 million is also being launched.
  • Goldman Sachs and Canaccord Genuity acted as joint lead managers and underwriters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.