Booster Innovation Fund logo

BIF acquires shares in Calocurb

M&A4 April 2023BIFFinancials

Page 1 of 1



5 April 2023

Booster Innovation Fund adds Calocurb to its investment portfolio


Booster is pleased to announce the addition of Calocurb to the Booster Innovation Fund (BIF) portfolio.


Calocurb operates in the natural supplement part of the Life Sciences and Medical Technology sector. It

specialises in appetite management, using a unique active ingredient sourced from New Zealand hops

believed to be the only natural, non-prescriptive alternative to highly expensive prescription drugs to

assist people with chronic and debilitating obesity. Calocurb was formed in 2017, and is classified as early

stage, with its technology origins being from Plant and Food Research.


BIF will make a cash investment of $250,000. Following this transaction (and issue of additional units to

fund the purchase), Calocurb will represent 1.7% of BIF’s investment portfolio of 32 companies, and with

a net asset value of over $14.5 million.


Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of

the process described in the fund’s Product Disclosure Statement (PDS) that is available at

www.booster.co.nz


For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-

innovation-fund.aspx






For more information, please contact:

Gary Scott

Company Secretary

Booster Investment Management Limited

04 8944300



About Booster

Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of

the Booster Group which has been helping New Zealanders save since 1998. The group currently

administers superannuation and investment funds of over $5 billion on behalf of more than 170,000 New

Zealanders.

BIF is a managed investment fund that invests in early-stage companies founded on intellectual property

originated or developed in New Zealand.

For more information, including a copy of the Product Disclosure Statement, please visit

www.booster.co.nz

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.