GoTo mulls options to raise capital amid expected selloff once IPO lock-up ends

GoTo mulls options to raise capital amid expected selloff once IPO lock-up ends

Photo: GoTo website

Indonesia-listed tech major GoTo is said to be working on multiple options, including a convertible bond issue, private placement, and an initial public offering (IPO) in the US market, as it seeks to raise fresh capital, according to sources familiar with the matter.