Punakaiki Fund Private Capital Raising Results
We are very happy to announce that we have raised $1,525,000 for Punakaiki Fund, from 55 private investors. Many thanks for your support.
We were unable to complete our public offer in 2013, and paid the $3.3 million that was committed back to those investors. This private offer was only made available to those previous investors who were also eligible under the old Securities Act, and had a minimum investment of $20,000. Unfortunately the eligibility and minimum amount requirements meant than most of the 360 or so investors from the pubic offer were unable to participate, but we remain very grateful for their previous support, which we will remember for future offers to the public.