Renaissance Brewing: First business to use equity crowdfunding in New Zealand enters voluntary administration

The first company to use New Zealand's equity crowdfunding framework to raise capital in 2014 is looking for a buyer, with administrators reporting cash flow difficulties led to challenges at Renaissance Brewing. The New Zealand Herald reports the brewery, which appointed administrators ShephardDunphy on October 9, is looking for new owners for what administrator Iain [...]The post First business to use equity crowdfunding in New Zealand enters voluntary administration appeared first on SmartCompany.