Australia: Listing Rules & Flotation

The Australian Securities and Investments Commission has proposed significant reforms to pre-lodgement advertising rules that would allow companies to communicate more freely with markets before filing disclosure documents. While offering greater flexibility for IPO offerors to gauge interest and address market commentary, the changes raise important questions about investor protection and the potential for premature investment decisions based on incomplete information.

Overview of capital raising relief, market response & what we can learn from the relief.

GetSwift is facing an ASIC investigation for purportedly failing to comply with its continuous disclosure obligations.