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Tech & Innovation
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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
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PaySauce lists through the backdoor of the NZX
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