Memorandum
To: Market Participants
From: NZ RegCo
Date: Tuesday, 2 April 2024
Subject: Being AI Limited (“BAI”) – Suspension of trading lifted
Message:
NZ RegCo advises that following completion of the reverse listing of Being AI Limited (“BAI”), the suspension of trading has been lifted and trading will resume at 10:20am.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The retailer has raised the possibility of a full-year earnings loss.
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
"We’ve continued to lag relative to other markets," analyst says.
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