Dotcom's Baboom blows capital raising deadline – again

Lead broker Novus Capital has extended the deadline of a capital raising for new online music service Baboom for the second time in as many weeks.

After declaring himself “supremely confident” the raising would meet its $A4.5 million target by last Friday, senior advisor Ben Yeo told NBR this afternoon “we have extended the offering so Grant Edmundson can present to a number of potential sophisticated investors in both Australia and New Zealand who have requested an in-person meeting with the Baboom Ltd CEO”.

 

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