Business

Promisia raises $1.35m from rights issue

Dietary supplements company Promisia Integrative has raised $1.35 million from its 3-for-1 rights issue, well above the underwritten $1.05 million amount, despite the company making no bones of how risky a proposition it is.

It’s still short of the $1.67 million sought but does provide Promisia with some much-needed working capital.

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS