Opum Technologies founder: 'still do not have all the details' about receivership, sale

Opum was spun out of research carried out by its CEO and founder Andrew McDaid at Auckland University. (Image: NZME)

Thu, 12 Oct 2023

The founder of Opum Technologies is seeking legal advice, saying he still doesn’t have all the details about the events leading up to the receivership and sale process of the startup.But, the receivers Baker Tilly Staples Rodway’s Tony Maginness and Jared Booth said in their first report this week that it came about as a result of defaults under security agreements with its lenders and their appointment was after they received an “independent legal opinion” supporting it.The pair were appointed in late July by Opum&rsquo...

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