The company’s equity raise to recapitalise its balance sheet was oversubscribed, raising $23.9m.
Company joined the NZX in April last year as an AI play but did not fulfill that promise.
Peter Meintjes says a $20m capital raise should give the company runway to receive a new decision on US test coverage.
The company says the new virtual Shake Out stores increase sales, and provide more profit for little to no additional labour costs.
Listed used-car dealer reports lower revenue and profit amid 'aggressive' discounting to sell.
The raise will extend its cash runway while it seeks Medicare coverage and reimbursement.
Marsden Maritime Holdings shareholders overwhelmingly back $5.60 a share offer, uniting port and land assets under new consortium.
The company’s future dividend policy, which has been suspended since 2023, is based on cash generation.
Kiwi utilities-focused SaaS company says potential tariffs won't hurt its chances in the United States.
Listed transport heavyweight boosts revenue and profit while noting highly uncertain outlook.