Two Degrees mobile raises US$4.5m

Two Degrees Mobile has raised US$4.5 million (NZ$5.8m) from its three major shareholders, with an issue of 6 million shares at US75c each.

Documents filed with the Companies Office yesterday show Hautaki bought about 634,000 shares, Trilogy International New Zealand LLC picked up about 3.6m, and Tesbrit BV took about 1.7m.

The latest funds raising comes after the three shareholders bought US$23.5m of shares in November.

NZPA

Comments from our readers

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

February 25th Morning Report
Genesis completes NZ$100m Placement
MCY - Invests heavily in renewables; delivers strong performance
PFI Announces Interim Results
February 24th Morning Report
THL - FY26 Interim Results: underlying NPAT up 11%, 3cps dividend
FPH updates FY26 revenue and earnings guidance
February 23rd Morning Report
February 20th Morning Report
SCL - Chief Financial Officer Transition