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Nuchev launches $15m raising; Wilsons on ticket – The Australian Financial Review

E-commerce sales have ripped through the pandemic and goat milk infant formula company Nuchev is hunting for a bigger slice of that pie.

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E-commerce sales have ripped through the pandemic and goat milk infant formula company Nuchev is hunting for a bigger slice of that pie.
Nuchev CEO and major shareholder Ben Dingle. Wayne Taylor
The $87 million company launched a $15 million raising on Wednesday to finance further investment in its distribution channels and partnerships, particularly for cross-border e-commerce.
The raising was structured as a 1-for-8.75 accelerated non-renounceable entitlement offer to snare $12 million and …

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