Supplements, skincare firm poised for reverse listing

Wed, 11 Dec 2019

Early-stage supplements and skincare firm Me Today is poised to list next year through shell company CSM Group in a deal valuing the company at almost $5.6 million. NZX-listed CSM, formerly Orion Mineral Group, has agreed to buy The Good Brand Co and Me Today, and its existing $1 million warchest, for 1.11 billion shares at 0.5 cents apiece. CSM will then sell $500,000 of shares at 0.5 cents to wholesale investors and then offer a one-for-two renounceable rights issue to existing shareholders at the same price, it said in a statement. ...

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