Automotive Solutions Group Limited (ASX:4WD) is a designer, manufacturer, distributor & retailer of parts, accessories, & performance technology for 4x4/SUV vehicles to end users & fleet owners. The company has contracts to acquire 8 cornerstone businesses at a weighted average multiple of 4.4x FY16 EBIT. Expected Mkt Cap ~$50.3m
$4m minimum offer size exceeded.
Freehill Mining Limited (ASX: FHS) will be an emerging iron ore producer and explorer with operations in Chile. The project is situated in a recognised iron and copper producing district in Chile with an exploration target of 60Mt of magnetite sands and other minerals.
Lithium Consolidated Mineral Exploration Limited (LCME) (ASX: LI3) is a lithium exploration company with their flagship asset located in the Big Smokey Valley, Nevada. This is less than 4km from the only operating lithium brine mine (with a carbonate plant) in the USA and has geological similarities to this 40 year old mine.
Secure2Go Group Ltd (ASX: S2G) is an Internet of Things company that develops wearable and mobile devices allowing customers to monitor and manage remote assets. S2Gs market-ready products consist of the hardware and software of the devices, as well as a proprietary communications platform.
$8m minimum offer size exceeded.
Cobalt Blue Holdings Ltd (ASX: COB) is a cobalt exploration and development company focused on fast-tracking development of the Thackaringa Cobalt Project in Broken Hill, NSW. Cobalt is in strong demand for use in batteries for energy storage, electric vehicles and mobile electronics.
Watermark Global Leaders Fund Limited (ASX: WGF) will be a listed investment company giving investors access to an actively managed market neutral portfolio of global listed securities. This fund structure will allow investors to profit from the mispricing of securities while limiting their exposure to market risk.
The LCM IPO has closed raising the maximum of $15 million. The listing date is expected to be Tuesday 13 December.
The Dropsuite offer has successfully closed. The listing date is expected to be in the week commencing 19 December.
The Dreamscape IPO was closed oversubscribed. The ASX listing date is 2:30pm (AEST) Wednesday 7 December 2016.
Since the launch of OnMarket BookBuilds, investors have had access to 36 IPOs and placements.
The average returns by days post-listing are
* Number of offers that qualify to be included in calculation. Figures as at 1 December 2016.
A disclosure document will be made available when the relevant securities are offered. If you wish to acquire the securities, you will need to complete the application form accompanying the disclosure document.