ASIC halts crowdfunding campaign for Hirehood amid share type concerns

- June 13, 2024 2 MIN READ

Corporate regulator the Australian Securities and Investment Commission (ASIC) has issued its first interim stop order over a crowd-sourced funding (CSF) campaign. ASIC intervened in the raise for Hirehood, an hire marketplace for holiday items such as surfboards, bikes and baby equipment, on the VentureCrowd platform. The regulator’s concern is over the structure of shares… Read more »