Eco Atlantic: Eco Atlantic Raises USD 10 Million (Jan 26 Update)
In this post, I will update you on my new investment idea, outlining my rationale and key considerations.
Eco Atlantic Raises USD 10 Million
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Eco Atlantic closed the trading day of Friday, the 23 of January, at 29p in a high volume of 8 million shares.
Recent posts
January 2, 2026 | Analysis:
January 13, 2026 | Update:
Capital Raise Update
Eco Atlantic raised USD 10 million from Israeli institutional investors through a direct equity subscription at the prevailing market price (27.5p)1. The transaction implies an immediate dilution of around 8.5%, with a further potential dilution of around 7.9% if all warrants are exercised at a higher strike price, taking total dilution to around 17% on a fully diluted basis.
The transaction also includes one warrant per new share, exercisable at 40p over three years, which could result in an additional ~8.5% dilution if fully exercised, alongside a meaningful cash inflow to the company.
Gil Holzman, President & Chief Executive Officer of Eco Atlantic, commented:
“We are delighted to welcome a number of leading Israeli institutional investors to our share register through this US$10 million direct subscription. Their participation and long term commitment represents a strong endorsement of the quality of our Atlantic Margin portfolio, our exploration and value-creation strategy, and our disciplined, capital-efficient approach.
This funding strengthens our financial position and provides us with the flexibility to accelerate key technical and corporate work programmes across our licences in Guyana, Namibia and South Africa throughout 2026 while maintaining a strong balance sheet and preserving significant upside for shareholders.”