Geoff Hoffman bears good news: crowd-sourced equity funding may soon be legal in Australia. And some not-so-good news: most small companies will not be able to use it.
10 Dec 2015
Clayton Utz has acted on Australian Unity's offer of Series B Australian Unity Bonds to raise approximately $200 million, announced to the market yesterday. The offer represents the first in Australia under the simple corporate bonds regime introduced in 2014.
10 Nov 2015
Geoff Hoffman looks at how the new crowd-sourced equity funding model will work, and who can use it.
30 Sep 2015
A Clayton Utz team has acted for iconic Australian retailer Myer on its $221 million capital raising launched on 1 September. The raising is part of the 'New Myer' Strategy announced to the market this week, on which Clayton Utz is also advising.
03 Sep 2015
The Federal Government has committed to crowd-sourced equity funding by public companies, with a Bill expected soon, but as Geoff Hoffman explains, crowd-sourced funding by proprietary companies is up for discussion - and there's no guarantees that it will happen.
20 Aug 2015