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Blackpearl Group Raises $10.3M for US Acquisition Strategy

8/18/2025

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Summary

Story summary

Blackpearl Group has initiated a retail entitlement offer at AUD $0.95 per share after raising AUD $10.3 million from Australian investors.
The company is finalizing its acquisition of US-based B2B Rocket, aiming to boost annual recurring revenue to USD $17.5 million, with a long-term target of USD $50 million.
The retail offer runs from August 18 to August 25 for eligible shareholders.
Proceeds will finance the acquisition and growth initiatives, with an ASX listing planned in three months.
CEO Nick Lissette highlighted the importance of Australian support for credibility and scaling.

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Story summary

Blackpearl Group has initiated a retail entitlement offer at AUD $0.95 per share after raising AUD $10.3 million from Australian investors.
The company is finalizing its acquisition of US-based B2B Rocket, aiming to boost annual recurring revenue to USD $17.5 million, with a long-term target of USD $50 million.
The retail offer runs from August 18 to August 25 for eligible shareholders.
Proceeds will finance the acquisition and growth initiatives, with an ASX listing planned in three months.
CEO Nick Lissette highlighted the importance of Australian support for credibility and scaling.