CORRECT: CropLogic hires Novus for A$5-A$8M IPO, ASX listing

CORRECT: CropLogic hires Novus for A$5-A$8M IPO, ASX listing
Jonathan Underhill
(Fixes size of IPO, pre-IPO capital raising) By Jonathan Underhill March 16 (BusinessDesk) - CropLogic, a Christchurch-based developer of technology that allows farmers to more accurately control inputs such as fertiliser and water, plans to raise A$5 to A$8 million in an initial public offering and list on the ASX. The company, which is currently raising A$3 million in a pre-IPO round, says it hired Sydney-based Novus Capital to lead manage the IPO. CropLogic's biggest shareholder is Christchurch-based, ASX-listed technology incubator...