EOS A$150m institutional placement
EOS raised A$150m from institutions to fund the MARSS upfront payment and add balance-sheet flexibility, with Abu Dhabi's Calidus group joining a further A$40m strategic placement.
- Company
- Electro Optic Systems
- Type
- Equity raise
- Status
- Completed
- Date
- 20 May 2026
- Value
- A$150m
- US$ equivalent
- US$99m
- Value basis
- About 18.8m new shares at A$8.00 (9.3% discount), fully underwritten; plus a A$40m strategic placement and an SPP of up to A$25m
- Region
- Australia
- Segment
- Listed equity
Parties
- Electro Optic Systems (EOS) issuer
- Generation 5 Holding (Calidus) investor
Key terms
- Price
- A$8.00 a share
- Strategic placement
- A$40m from Generation 5 Holding (a Calidus entity) and another defence-focused investor, subject to shareholder approval
- Share purchase plan
- Up to A$25m
Sources
- EOS ASX release: EOS completes A$150 million placement and announces A$40 million strategic placement announcements.asx.com.au · 20 May 2026
Record DEF-INV-2026-0024. Investments are kept apart from the financings register and never counted in debt totals.
