Kiwi tech company Blackpearl Group (BPG) will list on the New Zealand stock exchange next month – the only IPO for the NZX in the second half of 2022. Blackpearl builds, acquires, and markets data-driven cloud services involving productivity and demand generation applications for small and medium-sized businesses (SMB). Its proprietary data platform, the Pearl… Read more »
Payday lending fintech Beforepay had the $35 million value of its IPO wiped away on debut on the ASX today, with the company’s share price plunging 44% in its first day of trade. Making an early bid for 2022’s worst opening day – the drop saw Beforepay (ASX: B4P) float at $3.41 per share, but… Read more »
My Foodie Box listed on ASX on Friday, making an impressive public debut with its shares closing up 25% on their first day of trade. The three-year-old subscription startup (ASX: MBX) raised $6 million at $0.20 per share, with the parent company behind the ANZ distributor of the $2000 cult kitchen device Thermomix, Magnet Investments,… Read more »
Shares in hotel commerce platform, SiteMinder jumped 38% on debut on Monday, adding $500 million to the value of the business. SiteMinder’s IPO raised $627 million at $5.06 a share, for a market capitalisation of $1.36 billion. Shares in the business (ASX:SDR) closed at $7.10 on Monday for a $1.88 billion market cap. Equity funds… Read more »
Judo Bank made its ASX debut today, delivering comparatively modest gains for investors in the fintech’s IPO compared to some recent tech listings. Judo (ASX: JDO) ended its first day up trade up 7.6%, closing at $2.26 from a listing price of $2.10. More than 19.5 million shares changed hands. The float raised $657 million… Read more »
Touch Ventures Ltd became a rare Australian company today – an ASX-listed venture capital firm – and investors keen to back high-growth companies embraced to chance to grab a slice of the action. Touch (ASX: TVL) raised $100 million for its IPO at 40 cents a share. The company, previously known as AP Ventures, is… Read more »
Shares in PPK Group spin-off battery tech company Li-S Energy skyrocketed by 175% on listing on the ASX today, pushing the company’s market cap to unicorn levels on debut. At one stage Li-S Energy shares (ASX:LIS) were up more than 250% to a peak of $3.05 before closing at $2.33. The company raised $34 million at… Read more »
Small business transaction financing fintech Butn (ASX:BTN) went nowhere for investors on its ASX debut today with around 2% – 2.5 million – of the company’s shares traded before it, unusually, closing its first day of trade at the IPO price. Having raised $20 million at $0.50 a share for an indicative market capitalisation of… Read more »
Caravan rental platform Camplify listed on the ASX on Monday after raising $11.5 million in an Initial Public Offer. But despite starting the day with good news, upgrading its prospectus forecasts for gross transaction volume (GTV) and revenue, and seeing its listing price of $1.42 rise to $1.50 in intraday trade, shares in the Newcastle-based business… Read more »
While plenty of investors wanted in on the ASX listing of tech-based labour hire and recruitment company, Hiremii, which raised $6 million at 20 cents a share in an oversubscribed IPO, it seems plenty also wanted out today. The Perth-based company’s share price tanked more than 25% on the opening day of trade to close… Read more »
Data analysis company Nuix, which posted stellar rises its share price, doubling on the opening day of trade following its IPO in December 2020, is in trouble with investors today after its latest earnings guidance revealed the company is set to miss some of its prospectus guidance by tens of millions of dollars. Shares in… Read more »
Casual jobs marketplace Airtasker has been forced to delay today’s debut on the ASX by 24 hours following a stuff up in processing the paperwork by the exchange. The embarrassing mistake by the ASX means the listing of Airtasker (ASX: ART) will now take place at 11am Tuesday, March 23, rather than Monday. The ASX… Read more »
The $20 million IPO of online cycling marketplace BikeExchange Ltd hit the ASX today with an initial surge in value before crashing out to end the day down more than 11% on the 26 cents issue price. The shares (ASX: BEX) jumped 23.1% to hit 32 cents after the company announced ahead of its debut… Read more »
Data analysis company Nuix’s dramatic debut on the ASX continued for a second day with the company’s share rising 13% to $9.06, having jumped as high as $10.95 in intra-day trade on Monday. Shares in the 20-year-old Sydney-based, global risk, compliance and security software company skyrocketed an astonishing 63% from the $5.31 issue price during… Read more »
Shares in Booktopia jumped 25% on the opening day of trade for the online retailer as a four-year ambition for founder and CEO Tony Nash came true. The company (ASX: BKG) hit the market at $2.86, a 24% premium to the $2.30 issue price, when trade opened at 11am, before ending the day at $2.72… Read more »
Blackbird backs generative AI startup Leonardo.Ai in $47 million raise 
Is there a bit of nark and envy creeping into Australian venture when it comes to Blackbird? 
Songtradr chalks up $106 million Series E as Epic Games joins cap table following Bandcamp sale 
Virtual reality doctor training startup backed by Epic Games raises $7 million in pre-Series A 
Daily startup news and insights, delivered to your inbox.
