Supply chain tech firm heading straight onto NZX

Supply chain tech firm heading straight onto NZX
TradeWindow chief executive AJ Smith. (Image: supplied)
Staff reporters
Trade technology company TradeWindow confirmed its intention to direct list on the NZX on Monday, Nov 22.Subject to regulatory approval, the company will list with an implied market capitalisation of $79.1 million and trade under the stock ticker TWL.TradeWindow has opted for a compliance listing rather than an initial public offering (IPO), so new shares will not be offered to investors and the firm’s founder will not sell down shares. A capital raise of $15m closed in September, with no immediate plans for another round. It is unde...

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