Trade Window announces $10m capital raise: 'The time for digital trade is now'

Trade Window announces $10m capital raise: 'The time for digital trade is now'
Chief executive AJ Smith said Trade Window needed to move fast to take advantage of the customers demand for improved supply chains. (Photo: Trade Window)
Dan Brunskill
Import and export software company Trade Window has entered a trading halt as it begins a $10 million capital raise to fund an acquisition and further development of its products. The early-stage listed company plans to raise $9m in a private placement to institutional investors and another $1m from existing shareholders in a share purchase plan. New shares will be offered in the placement at 70 cents, which is a 31% discount from Monday’s closing price of $1.01. The purchase plan shares will be sold at the placement price,...

More Markets

NZ sharemarket dips as big stocks weigh despite KMD gains
Markets

NZ sharemarket dips as big stocks weigh despite KMD gains

The NZ sharemarket closed down, although KMD Brands lifted on a positive result.

Investor days to test gentailer plans for new build and firming
Markets

Investor days to test gentailer plans for new build and firming

Investors want answers on build delays, capital plans and Huntly’s future.

Argosy delivers strong first-half results
Economy

Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year.