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WAM Income Maximiser Limited ( (AU:WMX) ) has provided an update.
WAM Income Maximiser Limited successfully completed an oversubscribed placement, raising $120.2 million by issuing new shares to existing wholesale and sophisticated shareholders. This move reflects strong demand and confidence in the company’s investment portfolio performance since its IPO in April 2025. The new shares will commence trading on 24 October 2025, and the placement was managed by several financial firms. The company also declared fully franked dividends for the upcoming months, indicating a commitment to providing regular income to shareholders.
More about WAM Income Maximiser Limited
WAM Income Maximiser Limited is a listed investment company managed by Wilson Asset Management, focusing on providing monthly franked dividends and capital growth by investing in high-quality Australian companies and corporate debt instruments. The company aims to offer stable income and capital protection through investment-grade corporate debt, catering to shareholders seeking sustainable distributions.
Average Trading Volume: 193,039
Technical Sentiment Signal: Strong Buy
For an in-depth examination of WMX stock, go to TipRanks’ Overview page.