FYI: Quick update on ASX BookBuild, in the 2 ½ months following launch, 3 companies have used the facility, raising over $85 million.Through these...
OnMarket
FYI: Quick update on ASX BookBuild, in the 2 ½ months following launch, 3 companies have used the facility, raising over $85 million.Through these transactions, the facility has successfully conducted a fixed price placement, variable priced placement & an IPO. All legally eligible investors were able to participate in the placements for WAM Capital and LNG Ltd, and all investors (incl. retail) for the IPO of U&D Coal Ltd. Stamping fees were paid to brokers in 2 of the 3 deals, with issuers & lead managers determining what % of the deal was available to on-market bidders. More info in our newsletter here: (VIEW LINK)
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OnMarket,
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising platform: ASX BookBuild. This platform gives companies control over pricing and allocations combined with the all-of-market reach of an exchange.
Then, in our quest to bring companies and investors closer together, we built OnMarket - the world's first free-access portal into capital raisings.
We are strong believers in the power of technology to transform capital markets and we believe that democratising access to capital raisings via technologies like ASX BookBuild and OnMarket is a giant leap in the right direction.
More information can be found at www.onmarketbookbuilds.com.
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OnMarket
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
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No areas of expertise
OnMarket
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
Expertise
No areas of expertise
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