Reitar Logtech shares surge 25.90% after-hours after securing $60M equity investment at $4/share to fund global logistics acquisition.

viernes, 6 de marzo de 2026, 4:25 pm ET1 min de lectura
RITR--
Reitar Logtech surged 25.90% in after-hours trading following the announcement of a definitive $60 million strategic equity investment from Equator Capital at $4.00 per share. The transaction involves issuing 15 million new shares, with 92% of proceeds allocated to a consortium targeting a controlling stake in a global logistics firm operating in Southeast Asia, Europe, and China. The deal, formalizing a prior non-binding MOU, underscores investor confidence in Reitar’s expansion strategy and positions the company to strengthen its global logistics technology footprint. The investment, led by a private equity firm managing billions in assets, aligns with Reitar’s objective to become a multinational player, with management emphasizing the transaction’s structured framework and long-term value creation for shareholders. The after-hours rally reflects strong market reception to the milestone agreement.

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