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46.11
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109.15
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17,093.50
(3.05%)
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39,023.71
(0.66%)
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38,797.51
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7,747.81
(1.02%)
USD/AUD
0.6617
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Bitcoin
71,640.19
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78.00
(0.57%)
Gold
2,163.90
(-0.1%)
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46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
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38,797.51
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7,747.81
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0.6617
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71,640.19
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78.00
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2,163.90
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46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
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38,797.51
(-0.06%)
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7,747.81
(1.02%)
USD/AUD
0.6617
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Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
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38,797.51
(-0.06%)
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7,747.81
(1.02%)
USD/AUD
0.6617
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71,640.19
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78.00
(0.57%)
Gold
2,163.90
(-0.1%)
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46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
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38,797.51
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0.6617
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78.00
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2,163.90
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46.11
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109.15
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78.00
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46.11
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109.15
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39,023.71
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38,797.51
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0.6617
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71,640.19
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109.15
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Iron Ore
109.15
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39,023.71
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Gold
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Iron Ore
109.15
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78.00
(0.57%)
Gold
2,163.90
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Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)
Hang Seng
17,093.50
(3.05%)
Dow Jones
39,023.71
(0.66%)
Nikkei 225
38,797.51
(-0.06%)
FTSE 100
7,747.81
(1.02%)
USD/AUD
0.6617
(-0.2%)
Bitcoin
71,640.19
(-1.56%)
Oil
78.00
(0.57%)
Gold
2,163.90
(-0.1%)
Lithium
46.11
(4.37%)
Iron Ore
109.15
(1.77%)

ARC Funds (ASX: $ARC) requests trading halt for potential capital raising

Overview of ARC Funds Limited's trading halt request


ARC Funds Limited (ASX: $ARC) has requested an immediate trading halt of its securities in accordance with Listing Rule 17.1. The company is in the process of making and finalising arrangements for a potential capital raising. The trading halt will remain in place until an announcement is made in relation to the outcome of the proposed capital raising or the commencement of trading on Monday, 11 March 2024, whichever is earlier.

Executive commentary on the trading halt request


The Company Secretary, Mark Licciardo, stated, 'The trading halt is requested until an announcement is made to the market in relation to the outcome of the proposed capital raising or the commencement of trading on Monday, 11 March 2024, whichever is earlier.'

Summary of ARC Funds Limited's trading halt and outlook


ARC Funds Limited (ASX: $ARC) has requested a trading halt as it finalizes arrangements for a potential capital raising. The company aims to provide the market with an announcement regarding the outcome of the proposed capital raising or the resumption of trading on Monday, 11 March 2024. This move indicates the company's proactive approach to managing its capital structure and signifies its commitment to transparent communication with the market. Investors and stakeholders should await the forthcoming announcement for further insights into ARC Funds Limited's strategic initiatives and future prospects.

ARC FUNDS LIMITED
ARC | ASX | Financials
0.110(+0%)
At close 05/07 (AEDT)
Market cap
$4.3M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.245
1YR Return
-78.431%

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