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Hot Topic DEALMAKERS
General Business
3 mins to read

IkeGPS placement completes but no deals ‘imminent’

Underwrite was important to guarantee cash for acquisitions, company says.

Tim Hunter Wed, 11 Aug 2021

IkeGPS chair Rick Christie says the cost of an underwrite was worth it for the $19.2 million raised in a placement to institutional investors this week.

The NZX-listed, US-based company, whose technology helps utilities such as lines companies manage their pole infrastructure, aims to raise a

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Tim Hunter Wed, 11 Aug 2021
Contact the Writer: thunter@nbr.co.nz
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IkeGPS placement completes but no deals ‘imminent’
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