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Janus Electric Holdings Limited (ASX:JNS)

ALERT: Price-sensitive ASX Announcement for JNS
Current share price for JNS : $0.450 0.205 (83.67%)+
Announcement
Release
24 Jul 2026 9:52AM
Price at Release
$0.245
Full Release
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Summary
Janus Electric Holdings Limited announced a successful private placement raising A$7.68 million from the issuance of 32,000,000 new shares priced at A$0.24 each. This capital will support the company's growth strategy, focusing on North American expansion, infrastructure, and supply chain improvements. The placement garnered strong interest from small-cap institutional investors. Settlement and trading of the new shares are scheduled for late July 2026. The Lead Manager for this placement was Curran & Co Pty Ltd, with Lynx Advisors Pty Ltd serving as Co Manager.
Key Points
  • Janus Electric receives firm commitments for A$7.68M private placement.
  • The placement involves 32,000,000 new fully paid ordinary shares at A$0.24 per share.
  • Strong support was received from leading small-cap institutional investment funds.
  • Proceeds will support growth strategies in North America and other key areas.
  • Settlement and allotment of shares are expected on 29 and 30 July 2026, respectively.
  • Curran & Co Pty Ltd acted as Lead Manager and Sole Bookrunner.
  • Lynx Advisors Pty Ltd acted as Co Manager.
  • The placement's proceeds will aid supply chain, infrastructure, and market development.
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.