Auckland, NZ – 12 July 2022 – TradeWindow Holdings Ltd (TradeWindow) today announced its intention to raise up to approximately $9 million via a private placement of shares to select institutional and other select investors and an approximately $1 million Share Purchase Plan.
The proceeds will be used to drive organic growth, build the global trade platform and accelerate global expansion opportunities through acquisitions.
The Placement will be conducted over the course of today and tomorrow, with new shares issued at a fixed price of $0.70 per share.
The SPP will allow all eligible shareholders with a registered address in New Zealand on the record date to apply for up to $15,000 of new shares in TradeWindow, with the issue price being the lower of the Placement price or a 2.5% discount to the volume weighted average price of TradeWindow shares traded on the NZX during the five trading days up to, and including, the end of the SPP offer period.
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