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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Investment
2 mins to read

Underwriters pick up $18m of unsold NZX stock

Bookbuild fails to clear shortfall from retail offer.

NBR staff
Wed, 16 Mar 2022

Underwriters will take up $18 million of NZX stock after the bulk of shares from a retail share offer went unsold.

The stock exchange operator announced a $44m capital raise on February 17 in a form of a one for nine rights issue at $1.42 a share.

The price at the time was a 16% discount on

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NBR staff
Wed, 16 Mar 2022
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Underwriters pick up $18m of unsold NZX stock
Investment,
90863
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