IkeGPS launches $22m capital raise, shares in trading halt
Utilities-based software company intends to undertake a placement for institutions, followed by a share purchase plan.
IkeGPS provides software that helps to maintain utilities pole infrastructure.
IkeGPS’s stock has entered a trading halt as the company launches a $19.6 million placement to institutional and select shareholders.
The NZX and ASX-listed utilities software provider told the market this morning it intends to undertake a fully underwritten equity placement for A$18m, followed by
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