Baboom capital raising sputters on

The capital raising of $A4.5 million for in-development online music service Baboom is still open, 11 days after the second closing deadline came and went.

Baboom CEO Grant Edmundson is shuttling between Australia, where he’s meeting asset managers and other interested parties, and New Zealand, where he’s attending to operational matters, says Ben Yeo, a senior adviser to lead broker Novus Capital.

 

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