Live IPO - Irexchange Ltd

irexchange Limited (ASX: IRX) is a disruptive technology platform and next-generation distribution business that aims to deliver fairness, transparency and efficiency to several traditionally wholesaler dominated industries including the fast-moving consumer goods (FMCG) industry.

To date, irexchange has raised in excess of $40 million to fund product and technology development, enhance market entry and support the rapid scaling up of its operations.

The platform and distribution model changes the relationship between retailers and suppliers by removing the costs of conventional wholesalers and providing price transparency to both retailers and suppliers across a wide range of popular stock keeping units (SKUs) in multiple segments in the grocery, frozen, produce and liquor sectors. 

• Pay by: 05 February 19

• List Price: $0.90

• Minimum Investment: $2,001

• Maximum Investment: $10,000

• Prospectus
  

Closed

Live IPO - Splitit Payments Ltd.

Splitit Payments Ltd (ASX: SPT) is a technology company headquartered in Israel providing a cross-border credit card based instalment solution to businesses and merchants. Splitit seeks to provide merchants with a tool to increase the average order value and reduce checkout and cart abandonment and give customers the ability to “buy now and pay later” by utilising their existing credit card without incurring interest, late fees or other fees. 

By providing a payment service that is fully integrated into a merchant’s payment system, the Splitit payment option is offered to a customer at checkout and the customer may split the payment of his or her purchase into monthly instalments with no interest fee or credit application based on his or her existing credit or debit card.

Over the past three years, Splitit has expanded internationally into the United States, Europe, Australia and Asia (with more than 310 merchants in 25 countries) and has entered into various strategic partnerships with leading payment processors.

• Pay by: 18 December 18

• List Price: $0.20

• Minimum Investment: $2,000

• Maximum Investment: $4,000

• Prospectus
  

Closed

Live IPO - Uniti Wireless Ltd.

Uniti Wireless Ltd (ASX: UWL) is a fixed wireless broadband provider with proven high speed performance with the potential to provide an alternative solution to the nbn™ on a national scale.

It is currently operational in suburban metropolitan Adelaide and areas of suburban Melbourne connecting residential, business and enterprise customer premises to its independent ‘last mile’ network. As a replacement for ADSL Internet and nbn™ services, it operates its network independently and does not rely on Telstra’s ADSL copper network or the nbn™ infrastructure to operate or reach its customers.

The Company has executed a share sale and purchase agreement to acquire FuzeNet.  FuzeNet was incepted in 2007 and operates the business of a retail service provider (RSP). FuzeNet’s major fibre access provider has an additional 90 buildings under construction for CY2019 – a 39% increase over the current building portfolio for their core product and further expanding the Uniti Wireless network/tower capability.

The combination of both businesses is highly complementary in that FuzeNet has access to over 200 on-net buildings (towers) – almost tripling the potential of the current Uniti network of 113 towers.

• Pay by: 14 January 19

• List Price: $0.20

• Minimum Investment: $2,000

• Maximum Investment: $10,000

• Prospectus
  

Closed

Live IPO - Candy Club.

Candy Club Holdings Ltd (ASX: CLB) sells confectionery products direct to consumers through monthly subscription plans (the B2C Business) and to speciality market retailers (the B2B Business) through its operating subsidiary Candy Club LLC, a company incorporated in California, USA (CCL).  Candy Club is headquartered in Los Angeles and currently only makes its products available to customers in 48 states of the USA.

Candy Club is able to utilise the data about preferences of subscribers under the B2C Business gathered on its online subscription platform to track shifts in consumer behaviour, to understand what subscribers prefer in real-time, facilitating product and supplier management and minimising stock wastage and can then sell the popular confectionery products through promotional partners and under-served speciality outlets as part of the B2B Business, thereby increasing consumer recognition of the Candy Club brand.

The proceeds from the Offer will be used to increase sales and marketing initiatives in the USA, implement an enterprise resource plan, expand inventory holdings, and develop the Company’s own proprietary candy formulations.

• Pay by: 21 December 18

• List Price: $0.20

• Minimum Investment: $2,000

• Maximum Investment: $5,000

• Prospectus
  

Closed.

Live IPO - IXT Limited.

IXT was established to acquire Global Merces Funds Management Limited (‘GMF Management’) and FUND ID Pty Ltd (‘FID’). These two companies provide complementary services to stakeholders and participants in the asset and wealth management industry.

The principle objective of IXT is to focus on providing the following services through the respective acquisitions: Funds management through GMF Management, including advisory, Responsible Entity, Trustee, Custodian and marketing and distribution services; and Fund administration services through FID, including online technology-based fund administration solutions for fund managers and members.

IPO funds will be used to invest in the research and development of technology and software, secure future strategic acquisitions, provide working capital, increase GMF Management’s Net Tangible Assets position, fund the expenses of the Offer and the associated costs of listing IXT on the ASX.

• Pay by: 11 December 18

• List Price: $0.20

• Minimum Investment: $2,000

• Maximum Investment: None

• Prospectus
  

Closed.