ENS participates in Datagate convertible note issue
19 January 2022
Enprise Group participates in Datagate convertible
note issue
AUCKLAND, 19 January 2022 - Enprise Group (NZX: ENS) has paid NZ$500,000
to participate in a Datagate Convertible Note issue.
Enprise Group participated in a convertible note issue for Datagate, which raised
NZ$1,550,000, being the maximum allowed. The purpose of the convertible note is
to enable continued growth while seeking a strategic North American investor. As at
31 December 2021, Datagate had annual recurring revenues (ARR) of $2.07 million
which represented annual growth of 65%. The ARR growth in North America for
2021 was 116%. Datagate is a cloud telecommunications billing solution for
managed service providers (MSPs).
Elliot Cooper
Chief Executive Officer
Enprise Group Limited
0275615501
Ends.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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