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General Business
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Aroa completes $50m capital raise

The company is eyeing a $56m cash injection for US growth plans and product development.

Julie Iles Thu, 29 Jul 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Soft tissue regeneration company Aroa, listed on the ASX, has completed the first of two separate planks to a $56m capital raising.

The larger of the two capital raises, for "institutional and sophisticated" investors has raised A$47m(NZ$50m) to issue 40.3 million new shares at A$1.165 a share -

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Contact the Writer: julie@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Aroa completes $50m capital raise
General Business,
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