
Funding roundPrivate Placement (capital increase)
MNT-Halan Private Placement (capital increase)
MNT-Halan raised $71M in a Private Placement (capital increase). It was announced on 28 October 2026.
- Amount raised
- $71M
- EGP 4B in local currency
- Announced
- 2 days ago
About this round
Primary equity: MNT Investments B.V. (Dutch parent and IPO seller) subscribed to a capital increase in MNT Tech Holding for Financial Investments (the listed Egyptian operating business that trades as MNT-Halan; not the global group). Per Launch Base Africa (28 Oct 2026, read in full), citing board minutes dated 26 Oct 2026: 163.3mn newly issued shares at the IPO price of EGP 24.50, described as about EGP 4bn ($71mn), fully paid up by the board meeting; issued capital rose from EGP 160mn to EGP 176.3mn; parent stake about 80%. Date basis: date_closed = board-minutes date as reported; date_announced = 28 Oct 2026, the first source located reporting the completed subscription. The plan was disclosed earlier with the IPO (up to EGP 4bn closed subscription at the offer price; see IPO funding 1507546, Gibson Dunn summary). Amount is the article's rounded figure (163.3mn x EGP 24.50 is about EGP 4.0bn). Not independently corroborated: web search on 28 Oct 2026 found only plan-stage reports, and the filing with FRA, EGX and Misr for Central Clearing was still pending per the article. No investor link: the parent has no catalog investor profile, and none was created. Secondary IPO sale (1507546) is unchanged; this row is new primary capital into the listed entity. Assignment 1543.
Sources for this round1
Frequently asked about MNT-Halan's Private Placement (capital increase)
- How much did MNT-Halan raise in its Private Placement (capital increase)?
- $71M, announced on 28 October 2026.