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Punakaiki juggles to get around $2m crowdfunding limit

Offer extended while investments are juggled into private offers – but is this legal?

Calida Smylie
Tue, 30 Jun 2015

The capital raise for Lance Wiggs’ Punakaiki Fund has been extended as investments are juggled to get round the $2 million maximum raise allowed under equity crowdfunding laws.

Although the Snowball Effect capital raise for the investment fund reached its $2 million maximum yesterday, it has been

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Calida Smylie
Tue, 30 Jun 2015
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Punakaiki juggles to get around $2m crowdfunding limit
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