Capital raising stories - Page 4

Xero, the cloud-based accounting software firm, widened its first-half loss after spending more on staff and marketing.

Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.

The Financial Markets Authority has licensed Armillary Capital's equity crowd funding platform, Crowdcube, adding competition to the new capital ra.

NXT, NZX's new growth focused market, is unlikely to launch this year, as companies wait for new legislation to come into effect and the quiet Chri.

The volume of trades on the New Zealand stock exchange increased in October, boosted by a rise in lower value equity transactions and more trading.

Kiwi cloud tech firm Serko starts trading on the NZX Main Board, raising NZD $22 million at NZD $1.10 per share with overwhelming investor support.

The company’s financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.

Smartphone and tablet advertising specialist expands NZ presence with new Auckland office and executive appointment.

Vmob is on the prowl for fresh capital and wants to raise up to $5m in a private placement, with a share purchase plan to follow.