Equity capital markets
Access to capital is a critical issue for growing companies. For decades, we have been a dominant legal adviser in the small-to-mid cap equity capital market, a market segment focussed primarily on equity funding. That experience has allowed us to build relationships with regulators (ASX and ASIC) and understand market practice to a greater extent than firms who do fewer, larger ECM deals.
Our connection with the Australian equity capital markets began more than three decades ago as a dominant legal adviser on small-to-mid cap IPOs.
Over the years we have grown to become a legal adviser on primary listings, secondary raisings (including placements, rights issues, dividend reinvestment plans and special private placements) and equity incentive arrangements.
We have worked with all the major investment banks, retail brokers and many boutique financial advisers.
We provide much more than ECM process execution as we bring to the table relationships with regulators, investors (high net worth individuals), and other advisers.
Our experience includes the listing of many prominent Australian companies, including Power Brewing, Wide Bay Australia, Ausenco, Wilson HTM, Retail Food Group, Cardno, Corporate Travel Management, Lindsay Transport, Technology One, Megaport and Superloop.
We have an eye on your future, not just ours.
Experience
Corporate Travel Management Limited
Advising Corporate Travel Management since its IPO in 2010, on multiple domestic and international acquisitions, totalling in excess of $300 million.
Metro Mining Limited
Acted for Metro Mining in its $52.4 million institutional placement ($15.9 million) and non-renounceable rights issue ($36.5 million).
Megaport Limited
Following on from our role as legal adviser to Megaport’s IPO, we acted in its $31 million placement and share purchase plan. Megaport is a leading global telecommunications company providing Elastic Interconnection Services.
Velocity Property Group
Acted on its $10.6 million IPO. The capital raised was used to fund the acquisition and development of future sites.
GO1 Pty Ltd
Acted for the workplace training on its $4 million pre-Series A funding, attracting a stellar cast of new and current investors.
Novonix Limited
Advised on the terms of hybrid equity to fund GRA’s downstream integration to supply advanced battery materials, equipment and services to the global lithium ion battery market.
State Gas Limited
Acted on its $5.25 million IPO, the first IPO of an east coast gas developer-explorer since 2006.
Rural Funds Group
Acted on its $61 million non-renounceable rights issue. The majority of funds raised were used to purchase three cattle properties and livestock in Queensland.
Prescient Therapeutics Limited
Acted for Prescient in its $10.4 million placement ($7 million) and non-renounceable rights issue ($3.4 million). Funds raised were used to process Prescient’s clinical programs, including additional drug manufacture and clinical trial management.