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Lateral Corp to list on NZAX before seeking $1.5 mln for growth
By Suze Metherell Aug. 8 (BusinessDesk) - Lateral Corp, the mobile technology developer, will list on the New Zealand Alternative Index before tapping eligible investors for capital to fund growth in international markets. The Auckland-based company, which makes user-pay mo...
Hart's Reynolds Group scotches report asset sales precursor to IPO
By Paul McBeth Aug. 8 (BusinessDesk) - Reynolds Group Holdings chief executive Tom Degnan has scotched a report the global packaging empire is selling assets and repaying debt as a precursor to an initial public offering. The packaging group owned by New Zealand billionaire...
Martin Aircraft taps investors for $5 million ahead of plans to raise as much as $20M in IPO
By Suze Metherell Aug. 8 (BusinessDesk) - Martin Aircraft Co, which plans to make the world's first commercial jetpack, has so far raised half of its $5 million target by selling shares to investors ahead of plans to raise as much as $20 million in an initial public offering a...