Monday 17th October 2011 |
Text too small? |
Energy Mad, which makes and markets energy-efficient light bulbs, has raised the $5 million sought in its initial public offering after extending the deadline for the sale by two weeks.
The company, which plans to list on the NZX starting on Oct. 19, said the offer was fully subscribed.
Energy Mad sold the shares at $1 apiece and had intended to raise up to $10 million if founders Chris Mardon and Tom Mackenzie sold down their holdings. In the event, no existing shares were sold in the IPO, it said today.
Woodward Partners and Bell Gully advised Energy Mad during the IPO.
BusinessDesk.co.nz
No comments yet
EROAD strengthening focus on ANZ opportunities
Devon Funds Morning Note - 16 October 2025
October 17th Morning Report
PGG Wrightson - Governance Update
CDC confirms new AI data centre contract
MCY - Quarterly Operational Update
Devon Funds Morning Note - 14 October 2025
October 15th Morning Report
Scott Secures $44M Appliance Contracts Across Americas
October 14th Morning Report