Carolyn Breeze
ASX

ASIC green lights $8 million raise for Scalare Partners back door ASX listing

- September 23, 2024 2 MIN READ

Startup advisory and investment business Scalare Partners is back in the hunt for $8 million to list on the ASX, after the Australian Securities and Investment Commission (ASIC) lifted its interim stop orders on the prospectus for a reverse takeover of confectionery maker Candy Club Holdings (ASX: CLB). Last week the corporate regulator intervened today… Read more »

Carolyn Breeze
ASX

ASIC hits pause button on startup services provider Scalare’s $8 million backdoor listing plans

- September 16, 2024 3 MIN READ

The Australian Securities and Investment Commission (ASIC) has intervened on plans for a back door ASX listing by tech accelerator and investor Scalare Partners, concerned that the proposal doesn’t comply with disclosure laws. Scalare announced back in May that it would go public in a reverse takeover of confectionery maker Candy Club Holdings (ASX: CLB).… Read more »