The Trendlines Group Ltd. (42T) said on Jan, 08 2026 that it has entered into a proposed private placement to raise 5.6 million Singapore dollars by issuing new shares representing about 5.75 percent of its enlarged share capital.
SAC Capital Private Limited is acting as placement agent, with Maybank Securities Pte Ltd serving as sub-placement agent. Investors approached include Lion Global Investors Limited acting on behalf of its clients.
Trendlines said most of the proceeds will fund follow-on investments in selected portfolio companies, enabling it to maintain ownership as those businesses mature.
The placement will not be underwritten and will be conducted in Singapore as an exempt offering under Sections 272B, 274 and 275 of the Securities and Futures Act 2001, open only to institutional and accredited investors.
Trendlines establishes, funds and incubates innovation-based medical and agrifood technology companies. Its shares trade on the Singapore Exchange and in the United States as an ADR on the OTCQX International.