Tuesday, 27 June 2017
Fundraising- recent developments
Date : 21 April 2017
Author/s : Jeff Mansfield, Lucienne Maxwell
Type : Focus Paper
 

 

Need to know:


In the second half of 2016, there were a number of key developments in the fundraising space:

 

 

These are summarised in ASIC’s recent report: Report 512: ASIC regulation of corporate finance: July to December 2016


In the 3 months to 31 December 2016, the ASX declined various requests for waiver of the ASX Listing Rules by companies seeking to extend the time for the issue of shares or other securities beyond the period 3 months after the date of shareholder approval required by ASX LR 7.3.2 and beyond the period 1 month after the date of shareholder approval required by ASX LR 10.13.3.


These are summarised in Listing and Waiver Application Declined by ASX 1 October 2016 - 31 December 2016.

 

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