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AoFrio launches NZ$4.994 million 1-for-7 rights issue at 7 cents per share

6:30am on Tuesday 2nd of June, 2026 AEST Technology
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AoFrio launches NZ$4.994 million 1-for-7 rights issue at 7 cents per share

6:30am on Tuesday 2nd of June, 2026 AEST
Key Points
  • 1-for-7 renounceable rights issue at NZ$0.07 per share
  • Rights offer priced at 3.14% discount to recent VWAP
  • Capital raise follows $4.56 million placement to Wairahi Investments
  • Funds to back accelerated growth targeting $300m revenue by FY2030
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