Upcoming listings

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Your guide to forthcoming floats.

A selection of companies that are raising capital and have applied for official admission to ASX, as well as links to information on upcoming and new listings.

Here is a snapshot of entities that had applied for admission to the official list of ASX, as at April 6. Upcoming Floats has more information, and Recent Floats and Listings provides information on entities that have listed on ASX in the previous two months.

Note: information about upcoming floats can change quickly if companies close their IPO ahead of schedule, or decide to extend their offer. Check the ASX website or talk to your financial adviser for latest information. IPO listing and closing dates are indicative only.

1. Afterpay Holdings Limited
Afterpay offers simple, interest-free instalment plans, available instantly at retail stores – either online, on mobile, or on site. Capital to be raised: $25 million.

2. MotorCycle Holdings Limited
The business now has 14 motorbike dealerships across the East Coast of Australia under the Team Moto brand. Capital to be raised: $46.3 million.

3. NB Monthly Income Trust
A listed investment trust focussing on investment in home loans and mortgage-backed securities in the United States. Capital to be raised: $250 million.

4. Shark Mitigation Systems Pty Ltd
The company has researched and developed technology that is based on new understandings of the visual systems of large predatory sharks.  This SAMS technology is now embedded in a range of products via technology licences. Capital to be raised: $4 million.

5. Tegel Group Holdings Limited
Tegal is New Zealand’s market-leading, fully integrated poultry producer and is involved in the breeding, hatching, processing, marketing and distribution of poultry products across New Zealand and overseas. Capital to be raised: NZ$344 million.
6. Volpara Health Technologies Limited
VolparaSolutions offers a multi-vendor suite of volumetric breast imaging tools designed to improve clinical decision making and the early detection of breast cancer. Capital to be raised: $10 million.

7. WINHA Commerce and Trade International Ltd
The Company has nearly 2000 kinds of products, mainly consisting of delicacies (mushroom, agaric), fine spices (soup bases, stew seasoning), dried longan, medlar, lotus seed and special local products and fresh fruits. Capital to be raised: $3 million.

From ASX

The entities listed above have made application for admission to the official list of ASX. Part of this application process includes the allocation of a provisional ASX code and the provision of details about the entity on the linked page above. In some instances, ASX provides a link to a third-party site from which the offer document and application form may also be available for download.

The allocation of a code and the provision of a link to a third-party site does not in any way imply that the entity’s application for admission to the official list will be approved and should not be considered in any way as an indication of the merits of the entity. Use of a link to a third-party site indicates your acceptance of the conditions.

It is advisable to obtain investment advice before making any investment decisions relying on information provided on a third-party site, and the entity’s offer document should be read in its entirety before any decision is made to invest in the entity’s securities.

The views, opinions or recommendations of the author in this article are solely those of the author and do not in any way reflect the views, opinions, recommendations, of ASX Limited ABN 98 008 624 691 and its related bodies corporate ("ASX"). ASX makes no representation or warranty with respect to the accuracy, completeness or currency of the content. The content is for educational purposes only and does not constitute financial advice. Independent advice should be obtained from an Australian financial services licensee before making investment decisions. To the extent permitted by law, ASX excludes all liability for any loss or damage arising in any way including by way of negligence.

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