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ikeGPS confirms $25 million IPO details; CEO on where money will be spent

Chris Keall
Tue, 24 Jun 2014

ikeGPS has confirmed it will seek to raise $25 million with an IPO (see the prospectus here).

The Wellington tech company will offer 22.7 million new shares (representing 45.4% of total shares) at an offer price of $1.10 a share, implying a market cap of around $55.1 million.

A broker

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Chris Keall
Tue, 24 Jun 2014
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ikeGPS confirms $25 million IPO details; CEO on where money will be spent
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