Capitial Raisings Without a Prospectus
Recent Market Developments
The global financial crisis has had a profound effect on the way ASX listed entities raise capital. During the stock market recovery that commenced in March 2009, many ASX listed entities have successfully raised additional capital through the equity markets by taking advantage of recent regulatory reforms designed to broaden the types of capital raisings that can be undertaken in Australia without a prospectus.
The IPO Process in Australia
What is the IPO Process?
The IPO (or initial public offering) process is the process of taking a privately owned company and making the transition to a publicly owned entity whose securities can be traded on a securities exchange such as ASX.