Reitar Logtech stock price soars due to $60 million equity investment agreement

Investing.com – Reitar Logtech Holdings Limited (NASDAQ: RITR) stock surged 12.5% on Friday after the company announced the signing of an official share subscription agreement with Equator Capital Management SPC for a strategic equity investment of up to $60 million.

Under the agreement, Equator Capital, acting on behalf of the Equator Private Equity Fund SP, will subscribe for up to 15 million newly issued common shares at $4.00 per share. This formal agreement follows a non-binding memorandum of understanding signed on February 24, 2026.

Reitar plans to allocate at least 92% of the investment proceeds to provide capital to a consortium that is acquiring a controlling stake in an international logistics company operating in Southeast Asia, Europe, and China. The remaining 8% will be used to cover transaction-related professional fees and general working capital.

The Hong Kong-based smart logistics and automated warehousing company is working with a leading industrial private equity firm managing billions of dollars in assets.

Reitar Chairman and CEO John Chan commented, “We are pleased to announce the signing of this formal share subscription agreement with Equator Capital, marking an important milestone in advancing our strategic vision. Transitioning from the memorandum of understanding to a binding formal agreement demonstrates our investors’ confidence in Reitar’s growth strategy and the transformative potential of the proposed acquisition.”

The agreement provides comprehensive protection for all stakeholders and establishes a structured framework for the investment, which remains subject to certain conditions precedent before completion.

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