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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
5 mins to read

Supie’s second fundraise stymied by few ‘rich idiots’

Supie chair and major shareholder come out swinging in defence of CEO and founder Sarah Balle as company hits capital roadblock.

Supie founder and CEO Sarah Balle.

Dita De Boni Thu, 25 May 2023

A small number of Supie’s retail shareholders are causing headaches for the grocery start-up, refusing to sign an agreement to waive their anti-dilution rights for the company’s second capital raise in two years.

The challenging situation is a testing one for founder and CEO Sarah Balle, but

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Dita De Boni Thu, 25 May 2023
Contact the Writer: dita@nbr.co.nz
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Supie’s second fundraise stymied by few ‘rich idiots’
Investment,
99249
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