News and Insights

A company seeking to list and trade its securities on ASX must meet the ASX admission criteria on structure, size, financial performance or position and shareholder numbers. As part of the IPO process, the legal advisor to the issue will assist the

Undertaking an IPO is a transformative step, requiring a critical analysis and appreciation of both the advantages and disadvantages of the IPO process and life as a publicly listed company. A successful IPO will allow a company to be listed on the A

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock, for the first time. With this process comes many questions, including cost, length of time, company eligibility criteria

Key issues: On 1 August 2019, the Australian Stock Exchange released a new compliance update relating specifically to crypto-currency related activities. The Update explains ASX’s position in relation to SAFEs and SAFTs, the concerns that new e

Key issues: ASIC has again emphasized its stern stance against misleading and deceptive conduct in the crypto-asset industry. ASIC Commissioner John Price noted that notwithstanding the varying financial services laws that may apply to crypto tok

ASIC recently announced that in the past few months it has taken action to halt Initial Coin Offerings, stating that recurring issues are posing significant risks for investors. These issues include: using misleading or deceptive statements in sal

If you are a digital currency exchange provider, you are now required to meet certain regulatory obligations in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth). These changes will be implemented by the Austr

If you are involved in the emerging market of cryptocurrency and looking to list on the ASX, or if you are already listed and looking to move into this space, it is important that you are aware of the ASX’s approach to cryptocurrency related busine

Digital currencies (such as Bitcoin and its newly-developed offshoot Bitcoin Cash) represent a large and growing pool of value, with a total market capitalisation well in excess of AUD $100 billion. However, as is often the case with new and emerging

It was a strong start for Australia’s first initial coin offer (ICO) with Perth based company, Power Ledger raising $17 million in the first of two stages earlier this month.  The company is on track to raise more than $30 million by the time the