Lateral Corp to list on NZAX before seeking $1.5 mln for growth

Fri, 08 Aug 2014

By Suze Metherell Aug. 8 (BusinessDesk) - Lateral Corp, the mobile technology developer, will list on the New Zealand Alternative Index before tapping eligible investors for capital to fund growth in international markets. The Auckland-based company, which makes user-pay mobile product as well as providing mobile payment and marketing services, will join the NZAX via a compliance listing, meaning it won't raise any new money, on Aug. 18. It will then raise $1.5 million in capital from qualifying investors to fund growth plans in the Austr...

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