The troubles at Top Shelf are another example of an ASX hopeful that holds much promise but has so far failed to deliver for many of its shareholders.
The transaction would be one of the largest in global technology history.
Treasury Wines is upping its bet on the high-end market for wine with a deal to buy the fastest-growing luxury wine brand in the US.
The 106-year-old company is launching a capital raising to invite Goulburn Valley residents to become shareholders in the fruits and vegie business once more.
The wagering giant raised $203 million from retail shareholders at $1.20 per share,after securing $595 million from institutional shareholders earlier this month.
ASIC has accused health and wellness product company McPherson’s of misleading its investors and breaching its disclosure obligations when raising capital in 2020.
The fast-food chain operator has pressed go on a $165 million equity capital raising to take full control of its German joint venture operations.
The nation’s most valuable privately held technology business has moved to reassure staff about its financial position after investors slashed its valuation.
Bubs Australia is after $63 million from investors to power its dreams of gaining a permanent foothold in the US market.
Bubs has hit the green light on a $63 million capital raising to fund its serendipitous expansion in the giant US market. It’s a production ramp up of epic proportions and at warp speed.
But the number of deals involving at least one female founder to take in an investment remains stagnant at less than 20 per cent.