NEXTDC Limited (ASX: $NXT) has successfully completed the retail component of its fully underwritten 1 for 6 pro-rata accelerated non renounceable entitlement offer of new fully paid ordinary shares, raising approximately A$385 million. The Retail Entitlement Offer achieved very strong support from Eligible Retail Shareholders, with valid applications of approximately A$263 million, representing a take up rate of approximately 68% in relation to their Entitlements.
The successful completion of the Retail Entitlement Offer demonstrates the strong support and confidence from our Eligible Retail Shareholders. We are pleased with the outcome and the opportunity to further engage with our retail investor base. The funds raised will enable us to continue building the infrastructure platform for the digital economy, delivering critical power, security, and connectivity for global cloud computing providers, enterprise, and Government.
NEXTDC (ASX: $NXT) has announced the successful completion of the retail component of its entitlement offer, raising approximately A$385 million with strong support from eligible retail shareholders. The company's focus on sustainability and operational excellence through renewable energy sources and world-class operational efficiency has positioned it as a key player in the digital economy infrastructure platform. The funds raised will contribute to the company's ambitions in delivering critical power, security, and connectivity for global cloud computing providers, enterprise, and Government, further solidifying its position in the market.