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Hot Topic Budget 25
Tech & Innovation
6 mins to read

PaySauce lists through the backdoor of the NZX

Is reverse listing still the easy way on to the stock market?

Calida Stuart-Menteath
 Fri, 21 Dec 2018

Cloud-based payroll company PaySauce reverse listed on the NZX at market open this morning, using the shell of defunct Energy Mad.

The transaction, approved by Energy Mad shareholders earlier this month, saw Energy Mad sell its assets to Ecobulb, with its listed shell taken by PaySauce.

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Calida Stuart-Menteath
 Fri, 21 Dec 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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PaySauce Energy Mad Andrew Barnes NZX reverse listing backdoor listing saas

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PaySauce defends back-door listing; Shareholders' Association disapproves

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PaySauce defends back-door listing; Shareholders' Association disapproves

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PaySauce lists through the backdoor of the NZX
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