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Embattled tech company Metigy goes into  liquidation owing $32m

A struggling Australian tech company owing $32 million has gone into liquidation after it couldn’t trade its way out of disaster…

ASIC investigates Metigy amid reports of insolvent trading

Corporate regulator ASIC has started an investigation into Metigy amid reports the Australia machine-led marketing platform had been trading insolvent as it went into voluntary administration…

ASIC investigating Metigy, suspected of insolvent trading

Small businesses have had to adapt to COVID’s effects on the economy over the past two years. They are now dealing with a whole new set of difficulties, including rising inflation, lack of workers, high consumer demands, and supply chain issues.

Five V’s big miss! Marketing tech business Metigy hits the skids

Marketing technology company Metigy, an IPO hopeful backed by some well known Australian investment shops, has called in the administrators only months after planning a capital raising that was seeking a $1 billion-plus valuation…

CMO’s top 8 martech stories for the week – 4 August 2022

Administrator for Australian martech business, Metigy, is investigating a sale of its IP and assets after the business went into voluntary administration last week…

Update on Enova’s voluntary administration

Creditors for Enova Community Energy and Enova Energy say they have voted in favour of Deeds of Company Arrangement (DOCA) for each company, ‘that will see the entities avoid liquidation and facilitate a better return for creditors’…

Metigy investors mobilise, ready to go to ASIC

Investors are set to ask the Australian Securities and Investments Commission to investigate fallen tech company Metigy after it collapsed owing thousands of dollars to staff and creditors…

Australian energy regulator quietly tests resilience of retail market

The Australian Energy Regulator has quietly demanded sensitive financial information from the county’s retailers to test their resilience to the energy crisis that threatens to send more to the wall…

Enova Energy forced into voluntary administration due to “the current diabolical state of the energy

Australia’s first community-owned energy retailer Enova Energy has been placed into voluntary administration, with the “diabolical state of the energy market” forcing the company out of business…

Energy crisis claims another small retailer

The “diabolical” state of the energy market in Australia’s eastern states has claimed another victim, with community-owned supplier Enova falling into administration as the crunch hits suppliers both small and large…

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