What are the different types of offers available via OnMarket?

There are four types of offers available via OnMarket.

  1. Pre-IPO: when a company raises capital in the lead up to its planned IPO, generally at a discount to the IPO price.
     
  2. Initial Public Offering (IPO): when a company sells its shares to the public for the first time, enabling them to list on a stock exchange, such as ASX or NSX.
     
  3. IPO Pathfinder: when a company asks investors to commit to participating in an IPO before the prospectus has been lodged with ASIC, this is done via a ‘pathfinder’ prospectus.
     
  4. Placement: when a company that is already listed on a stock exchange undertakes a capital raise via the issue of new shares.
     
  5. Equity Crowdfunding: when a company enables a large group of individuals to invest in their early-stage business in return for part-ownership of the business (equity).

To participate in a pre-IPO, IPO pathfinder or in some cases a placement, you will need to qualify as a section 708 investor. For more information, click here.

If you would like further information about the different offers OnMarket, please see our New to Investing section.

Do you have more questions? Feel free to send them in to us