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.