Sharesies still hungry for capital - worth almost $150m

Tue, 08 Dec 2020

Sharesies looks set to pull in $25 million of new capital valuing the online investment platform at almost $150 million, six-times what it was worth two years ago.Documents filed to the Companies Office today show Sharesies directors last week agreed to issue 490,830 new shares at $50.93 each, giving it an implied value of about $147 million after the new capital is raised.The details of the deal, including who was buying the 17 percent stake, will be announced tomorrow, chief executive Brooke Roberts, who owns 8 percent of the company, told Bu...

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