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Sunday 05 May 2024

King Honey

Me Today completes oversubscribed rights issue 28th March 2024 /

Me Today completes oversubscribed rights issue

Me Today has raised $3.1m from a rights issue, which closed last Friday 22 March.


King Honey owner Me Today opens $2.78m rights issue 13th March 2024 /

King Honey owner Me Today opens $2.78m rights issue

Honey and VMS company Me Today has opened its $2.78m right issue which is intended to raise capital for brand investment and expansion into international markets.


Me Today shareholders approve capital raise, debt restructuring 8th March 2024 /

Me Today shareholders approve capital raise, debt restructuring

Me Today shareholders are meeting in Auckland today to vote on resolutions related to restructuring the company’s funding facilities and a capital raise plan.


Me Today replaces CEO, plans to jettison King Honey 28th February 2024 /

Me Today replaces CEO, plans to jettison King Honey

The company bought the mānuka honey exporter less than three years ago for $36m but it has failed to meet expectations.


Me Today in talks with lenders after sales slump 24th October 2023 /

Me Today in talks with lenders after sales slump

The honey and VMS company is in talks with its lenders after warning that it is likely to undershoot its sales forecasts – with a capital raise and asset sales still on the table.