close
MENU
Hot Topic EARNINGS
Hot Topic EARNINGS
Investment
5 mins to read

Pacific Edge running out of cash while awaiting Novitas decision

The listed cancer diagnostic company must raise $24 million, in a bid to survive.

Pacific Edge CEO Peter Meintjes.

© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

NZX-and ASX listed cancer diagnostic company Pacific Edge has launched an urgent $24 million offer to raise funds to survive as its cash reserves have dwindled and revenue fallen.

Its shares are in a trading halt until Wednesday morning during a placement of $18m new shares to eligible investors at

Want to read more? It's easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual
Group membership
NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Fiona Rotherham Mon, 11 May 2026
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Free News Alerts

Sign up to get the latest stories and insights delivered to your inbox – free, every day.

I’m already subscribed/joined

Free News Alerts

Sign up to get the latest stories and insights delivered to your inbox – free, every day.

I’m already subscribed/joined
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Pacific Edge running out of cash while awaiting Novitas decision
Investment,
114100
true