TradeWindow, a provider of digital trade and logistics solutions, has announced a capital raising of approximately A$5 million (NZ$5.76m).
The company said the funds will be used to accelerate the development of its Freight AI operating system, strengthen its balance sheet, support growth in Australia and New Zealand, and facilitate the ASX Foreign Exempt Listing.
The capital raising will be conducted through a conditional placement of fully paid ordinary shares to eligible investors.
It will commence today, with a trading halt granted by NZX pending completion of the placement which is expected by the market open on Tuesday,
The placement, which is priced at A$0.22/NZ$0.25 per share, represents a 20% discount to the volume weighted average price over the past 10 trading days.
The issuance of shares under the placement is conditional on shareholder approval of the placement at a Special Shareholders’ Meeting to be held in early December 2025, ASX approval of TradeWindow’s application for a Foreign Exempt Listing on the ASX, and the company’s listing on that exchange.
TradeWindow said it received strong interest from existing and new investors during a recent roadshow, including Australian institutional investors.
The company plans to offer a share purchase plan to existing shareholders, with further details to be released next week.
See more
