VMob shifts headquarters to the US, seeks main board NZX listing

Mon, 10 Aug 2015

By Fiona Rotherham Aug. 11 (BusinessDesk) - VMob, the NZAX-listed mobile technology company, is shifting its headquarters to San Francisco, planning to shift from the NZAX to the main board of the NZX listing, and raising about $5 million in a private share placement. The company’s mobile marketing platform delivers personalised, location-based promotional offers to mobile phone users on behalf of major brands to increase sales. At its annual meeting in Auckland today, company chairman Phil Norman said the board thought it was critical...

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