Equity Story Group's trading halt request for proposed equity raise

Equity Story Group Ltd (ASX:EQS) has requested a trading halt from ASX, effective immediately, pending the release of an announcement regarding a proposed equity raise through a placement. The trading halt will remain in place until the earlier of the commencement of trading on 24 September 2024 or the release of the announcement by the Company.

Company's request for trading halt and proposed equity raise

The trading halt requested by Equity Story Group Ltd is in anticipation of an upcoming announcement related to a proposed equity raise through a placement. The Company has indicated that the trading halt will be lifted upon the release of the announcement, which is expected to provide details regarding the outcome of the Placement. The request for the trading halt reflects the Company's commitment to ensuring that all relevant information is disclosed to the market in a timely manner.

Summary of Equity Story Group's trading halt request

Equity Story Group Ltd (ASX:EQS) has requested a trading halt from ASX as it prepares to make an announcement regarding a proposed equity raise through a placement. The trading halt will be in effect until the earlier of the commencement of trading on 24 September 2024 or the release of the announcement by the Company. The request underscores the Company's dedication to transparency and timely disclosure of material information to the market, aligning with regulatory requirements and best practices. Investors and stakeholders can anticipate the forthcoming announcement to provide insights into the outcome of the Placement, shaping the Company's future strategic direction.