As one of the unluckier IPO’s to have listed on the ASX right before the coronavirus pandemic hit, craft beer company Founders First (ASX: FFL) is set for a much more active FY21 having secured 2000 new distribution points for their beer portfolio. From August 2020, packaged craft beers within the Founders First portfolio will
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For the second consecutive month, only one company is set to list in May, indicating that companies are still feeling reluctant to even attempt a public debut in the current economic environment. Artificial intelligence (AI) tech company, Intelicare (Proposed ASX: ICR), is looking to raise a modest $5.5m at an offer price of $0.20. Intelicare
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With only one company set to list this month, it appears that the volatility that surrounds the ASX is prompting some companies to delay listing until some degree of normality in financial markets is restored. One company brave enough to face the current environment is Atomo Diagnostics Limited (Proposed ASX: AT1). The Sydney-based medical diagnostics
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Following the company’s successful $15 million IPO capital raising, Australian craft beverage company Founders First (ASX: FFL) has announced the acquisition of Kangaroo Island Distillery (KIS) for $1.5 million. The company has been busy since listing back in December 2019, with similar sized acquisitions in Hunter Valley and Moonee Ponds, and a significant convertible note
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Australian medicinal cannabis and healthcare company Little Green Pharma (ASX: LGP) has this morning announced a key purchase agreement with Berlin-based DEMECAN for the sale and export of up to 1000kg of dried cannabis flower or 48,000 units of medicinal cannabis per annum. The agreement makes LGP one of the first few companies to export
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January is normally a quiet month for IPOs and this year has been no different, but here are a few companies intending to list on the ASX in February which may be worth keeping an eye on. ARMnet Limited (Proposed ASX: AR1) Financial Services Software Company, ARMnet Limited, are proposing to list on the ASX
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