KMD Brands Nears Equity Sale
The parent company of Rip Curl, Kathmandu, and Oboz halted trading of its shares on the ASX and NZX, confirming it is pursuing a capital raise with a group of investors. The equity sale will consist of an accelerated renounceable entitlement offer, or AREO, and KMD confirmed it has commenced a confidential “wall crossing ... Log in to view full article.