The sale price is not disclosed but is ‘insufficient’ to allow a distribution to preferential and unsecured creditors.
Earshot's James Bell-Booth wants to grow global sales and raise up to $2 million from institutional investors.
Latest accounts report a book value of $317m for NZ-based trans-Tasman group Up Education.
The a2 Milk Co led the benchmark higher as China eyes softer yuan.
But ComCom is considering amendments after admitting coding errors in its input methodologies calculations.