RESEND: David Kirk's tech fund to raise A$40 million on ASX to invest in NZ, Aus tech

Thu, 06 Nov 2014

(Removes repeated word in lede) By Suze Metherell Nov. 6 (BusinessDesk) - David Kirk, chairman of Trade Me Group and Kathmandu Holdings, is seeking to raise A$25 million to A$40 million in an initial public offer on the ASX of Bailador Technology Investments, an Australian and New Zealand tech fund. The investment fund is looking to raise new capital selling shares for A$1 apiece, which also carry an A$1 option exercisable in March 2016, according to the prospectus dated Oct. 3. A further 4.3 million existing shares will also be sold i...

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