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Once a market darling worth more than $1.8bn, shares in Cettire have tanked 85 per cent the past year and a new earnings miss, partly blamed on US tariffs, has investors worried it could be forced into raising capital.

Meanwhile, DataRoom reports GemLife's float has proved to be popular with investors, with the retirement living group's $750m IPO oversubscribed ahead of next month's listing.

And Heloise Pratt says she struck a long-standing deal, codenamed “Project Rose”, with ex-husband Alex Waislitz and her billionaire parents Richard and Jeanne Pratt, proving her authority and control over the family’s investment arm, in the latest twist in their protracted legal battle.