TradeWindow $2.2m raise closes over-subscribed

TradeWindow $2.2m raise closes over-subscribed
(Image: Getty)
Pattrick Smellie
Global trade software company TradeWindow has closed a $2.2 million capital-raising round, over-subscribed with a new institutional investor on the register and 1,000 new shareholders courtesy of the Sharesies retail investor platform.The raise is the best news TradeWindow has had since failing to raise $20m in early 2023, just as the wind came out of global tech stocks, with pre-profit software-as-a-service (SaaS) companies particularly hard-hit.Last year, the company expected a $2.4m cash injection and an array of technological and blockchain...

More Markets

NZ sharemarket ends week up slightly
Markets Market close

NZ sharemarket ends week up slightly

The S&P/NZX 50 Index closed at 13,066.92, up 13.36 points or 0.10%.

Graham Skellern 29 Nov 2024
WasteCo reports loss as it seeks capital for acquisition
Markets

WasteCo reports loss as it seeks capital for acquisition

A week after WasteCo announced a conditional agreement to acquire Civic Waste and launched a share purchase plan proposal, the group posted a $5.5 million net loss. In earnings for the six months to Sept 30, released to the New Zealand Exchange (NZX) on Friday, WasteCo disclosed...

Staff reporters 29 Nov 2024
Fonterra forecasts highest NZ milk collections in four years
Primary Sector

Fonterra forecasts highest NZ milk collections in four years

More milk, higher payouts, could see $3 billion extra revenue in the economy.

Riley Kennedy 29 Nov 2024
Oh boy, Oboz: KMD Brands' limping footwear segment
Retail

Oh boy, Oboz: KMD Brands' limping footwear segment

 ‘It’s got a lot to iron out,’ Forsyth Barr’s Paul Koraua says.

Gregor Thompson 29 Nov 2024