LayBuy NZ - Buy Now Pay Later

[Cobber]

So no magic bunny rabbits were found hiding behind the half drawn curtains after the ASX walk away ?

To be honest I didn't expect it to grow legs & start running fast again ..

Hope the top brass aren't too far out in uncharted waters with their undrawn Salaries & perkies for the extensive mission to park things up in shallower waters

It seems like only NZ and AU operations in receivership.
Managing Director Gary Rohloff has updated his Linkedin page - he's moved to London!
So I'm guessing he's feathered his own nest to oversee UK operations.
Everyone else gets a kick in the gut.

[nztx]

Who appointed Receivers to the LBY local subsidiary companies ?

Was it Kiwibank as appears in this filing on Companies Office site -

https://app.companiesoffice.govt.nz/...D75DE9688AF26A



It looks like the original Listed Company is in receivership going by the shareholdings appearing on link:

https://coys.carjam.co.nz/:entity?q=...LDINGS+LIMITED


The Receivers probably get to hock off the UK & other viable bits and stakeholders get left out in the cold

[nztx]

https://www.nzherald.co.nz/business/...G24AETDYB4JPY/

Laybuy NZ finds buyer in AI-powered Swedish ‘unicorn’ payments network Klarna


slightly better than laid to rest .. receivers got their payday, but who missed out ?

[tim23]

https://www.nzherald.co.nz/business/...G24AETDYB4JPY/

Laybuy NZ finds buyer in AI-powered Swedish ‘unicorn’ payments network Klarna


slightly better than laid to rest .. receivers got their payday, but who missed out ?

You will understand this - caveat emptor😀