Locate Technologies says an NZX listing will remove restrictions and delays.
The company expects its annual operating profit to come in at the lower end of guidance.
The NZX-listed medicinal cannabis company still has cashflow pressures.
Crescent Capital Partners offered 8c a share last December, valuing the business at about $14.8m.
NZX-listed media company NZME announced a strategic review of its property listing business yesterday.
The company says it is still ‘rebuilding trust’ with customers.
New Zealand’s KFC helped the fast-food operator to a finger lickin’ good performance last year, while Australia and California didn’t fare quite so well.
Banking group’s share price fell sharply two weeks ago when it disclosed the impairment, and has not recovered.
The diversified agriculture company has several projects already underway.
The structure of the offer doesn’t give retail shareholders who don't want to participate much choice, it says.