Investment The $50m capital raising was underwritten by Goldman Sachs and Cannacord Genuity. Eroad has completed its capital raise. Eroad has completed the retail shortfall bookbuild component of its 1 for 2.06 accelerated pro-rata renounceable entitlement offer, with 20.3 million new shares not taken up going to sub-underwriters of the offer at the issue price of 70 cents per share. The offer was underwritten by Goldman Sachs Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/investment/eroad-completes-raise-with-20m-shares-going-to-sub-underwriters/

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