Powerhouse to sell stake in troubled Motim Technologies
Documents obtained under the Official Information Act show Motim is in financial distress.
Powerhouse Ventures has received an offer for portfolio company Motim Technologies, which is dancing with liquidation.
The Christchurch-based technology incubator has issued an ASX release after receiving questions from NBR, which details the offer.
The deal, from US-based CrossTech Partners,
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Calida Smylie
Tue, 13 Feb 2018
Tue, 13 Feb 2018
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Powerhouse to sell stake in troubled Motim Technologies
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