Digital distribution platform provider Gefen Technologies today announced that it has closed a pre-Initial Public Offering (IPO) convertible note offer, successfully raising approximately $4m ahead of its anticipated listing on the Australian Securities Exchange (ASX). The round was heavily oversubscribed, raising double the planned A$2m after significant scalebacks. Sophisticated and institutional investors supported the pre-IPO
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Biotech and pharmaceuticals company PharmAust (ASX: PAA) is set to launch a new venture which will advance disruptive technology that can convert waste such as plastics and rubber tyres into valuable fuels and agricultural growth stimulants. The novel technology has been developed by US-based Australian, Ken Anderson who is the Founder and Chief Technology Officer
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The pandemic disrupting the global education market is providing opportunity for an ASX microcap that serves as a platform for online micro-credentialing. OpenLearning Limited (ASX: OLL) listed on the ASX in December, just months before COVID-19 shut down schools and campuses across the globe. The Sydney-based software-as-a-service company serves as a platform for short and
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Consolidated Operations Group’s twin lines of business are decidedly unsexy. But Australia’s leading asset broking and aggregation group last week managed to accomplish what has so far eluded many high-flying tech companies and buy-now-pay-later platforms – declare its first payout to shareholders. Consolidated Operations Group (ASX: COG) announced on Thursday it had overcome the challenges
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Graphene-focused tech company Archer Materials (ASX: AXE) has successfully developed a prototype of its biosensor device using additive manufacturing and a 3D printer to produce hardware that will be vital to their biotech roadmap. The 3D printed device forms the outer cartridge which houses the graphene sensor, with the hardware design having been specifically engineered
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