RocketBoots Raises AU$7 Million Via Placement; Shares Rise 26%

MT Newswires Live

2025/12/24

RocketBoots (ASX:ROC) received firm commitments to raise AU$7 million via a placement of 28 million new shares at AU$0.25 apiece to new and existing sophisticated investors, according to a Wednesday filing with the Australian bourse.

The offer price represents a 17.9% discount to the company's five-day volume weighted average price, the filing said.

Funds raised will be used for international expansion, the filing said.

The new shares are expected to settle on Jan. 12, the filing added.

Shares of the company rose 26% in recent Wednesday trade.

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