Serko to raise $15M at 3.2% discount to accelerate growth, mulls acquisitions

Serko to raise $15M at 3.2% discount to accelerate growth, mulls acquisitions
Paul McBeth
By Paul McBeth Aug. 7 (BusinessDesk) - Serko plans to raise $15 million selling shares at a 3.2 percent discount to institutional investors to speed up its growth trajectory having already raised revenue guidance.  The Auckland-based online travel booking software developer will sell 5.5 million shares, or about 7.3 percent of the company, at $2.75 apiece to investors in a fully underwritten placement, it said in a statement. The funds raised will go towards bolstering working capital, which it said will give it more flexibility to speed...