- Lark Distilling Co (LRK) has successfully completed an $8.85 million capital raising
- The whisky company entered a trading halt yesterday but did not disclose how much it would be raising at the time
- Approximately 8.1 million new fully paid ordinary shares will issued to institutional investors at $1.10
- Lark will also use the money to expand its inventory of whisky and to pay for costs associated with the offer
- Shares expected to settle on September 22 and allocated and begin trading on the ASX on September 23
- After emerging from its trading halt, Lark is up a healthy 24.6 per cent and shares are trading for $1.37 each at 3:50 pm AEST
Lark Distilling Co: Completes $8.85M capital raise
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