Unsecured creditors, who are due $3.9m, are unlikely to get anything.
The latest quarterly NZ Angel Market Report shows more use of convertible notes to finance deals.
A redacted version of the final minutes in which the three former directors of the failed wine group were banned was released to NBR.
American tech entrepreneur turned New Zealand-based venture capitalist Mark Pavlyukovskyy’s first fund has invested in 53 companies.
Azura CEO Peter Jannings wants to keep his business in New Zealand but describes funding as ‘a battle’ compared with overseas.
A portion of the commitment to a five-year 1956 Seat will go to the Manuka Doctor Arena's $15m redevelopment.
NZX-listed NZME sold the daily deals business to its current owner in 2021 for $17.5m.
The non-bank lender was pinged for various disclosure and advertisement breaches.
In a rare interview, an FNZ insider describes how employees’ equity fuelled the fintech’s growth and how they ended up in court.
ANALYSIS: Many New Zealand directors say they have suffered similar threats at their homes as Winston Peters.