Cooks Coffee Co to raise $3m
The UK-focused coffee chain now plans to raise money before dual-listing in the UK, rather than the other way round.
Cooks Coffee Company owns the master franchise rights to Esquires in the UK.
NZX-listed Cooks Coffee Company plans to raise about $3 million later this month, though a private placement to new investors and a renounceable rights issue to existing investors, at pro-rata one share for every 6.367 already held.
The offer is set at 36 cents, less than the 41c the stock last
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