WeWork's catastrophic failed listing hasn't impacted Updater's capital raising discussions, says David Greenberg, the chief executive of the relocation technology provider, which controversially delisted from the local exchange last year to seek a better valuation in United States private markets.
US-based Mr Greenberg met local investors a few weeks ago and flagged plans for a major acquisition and fundraising before the year-end.
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
