There are several key admission conditions for a new ASX listing or IPO. One requirement is a number of security or share holders, otherwise known as the shareholder spread.
Shareholder spread requirements
The asx share holder spread requirements or number of security or share holders required is 500 x $2000 holdings or 400 x $2000 holdings + 25% held by unrelated parties.
Help with meeting the ASX shareholder spread requirements
Often new companies listing on the ASX have no trouble raising enough funds to float, but find it difficult to meet the ASX new listing shareholder spread requirements. Trading options has many clients who are interested in investing in new listings and we can therefore often help with satisfying the spread. If you are a new company looking for new share holders to fill the spread, or an investor interested in new upcoming floats enter your details below and a representive with contact you shortly during business hours, otherwise don’t hesitate to contact us on 07 5504 2120 (ask for Lawrance)
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