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Tech & Innovation
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IkeGPS closes oversubscribed capital raise for PLT purchase

But there wasn't enough stock to go around.

Thu, 24 Oct 2019

IkeGPS has almost quadrupled its $1 million funding target in an oversubscribed capital raise.

Shareholders of the NZX-listed laser measurement toolmaker have oversubscribed to a $1m retail share offer, closing the raise at $3.9m.

However, since the company only issued 2.5 million new stock

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IkeGPS closes oversubscribed capital raise for PLT purchase
Tech & Innovation,
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