Booster Innovation Fund expands unit base with new issuance
Booster Innovation Fund (BIF) has announced the issuance of 658,441 ordinary units, effective October 1, 2025, with confirmation on October 3, 2025. These units, identified by ISIN NZBIFE0004S9, were issued at a price of $1.4204 per security and are fully paid via cash payments. This issuance represents 4.302% of the units on issue at the end of the previous day, ranking pari passu with existing units.
As a result of this continuous issuance, the total number of financial products in the class, excluding treasury stock, now stands at 15,963,539. The Booster Innovation Fund operates as a continuous issuer of units under clause 5.1 of its trust deed, serving as the specific authority for this transaction.
The announcement was made by Gary Scott, with contact details provided, ensuring transparency and adherence to NZX listing Rule 3.13.2.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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