ASSOB is an exclusive membership based platform for businesses to raise capital from private equity sources, utilising equity financing as a viable alternative to venture capital or debt funding. Companies can raise capital in amounts up to $5 million per annum on ASSOB without incurring the time and financial cost of preparing a full disclosure document. ASSOB focuses on matching investment opportunities with private equity investors. Investors and founders can sell their shares on a secondary market run by ASSOB. The ASSOB platform has proved to be extremely successful in raising capital since its inception in 1997.
ASSOB is not a new untried venture, or a fly-by-night shady scheme for private equity financing, it is a well-established and proven organisation. ASSOB is Australia’s largest and most successful capital raising platform for showcasing investment opportunities in high-growth, unlisted companies requiring seed capital to reach their potential:
- Over $100 million has been raised by ASSOB and over 200 companies have been successfully listed on ASSOB
- Current market capitalisation (based on last share sales) of companies listed on ASSOB is over $500 million
- ASSOB can provide a pathway to a listing on the stock exchange – an example is a mining company which listed on ASSOB, initially at 8c per share. The company then used the funds raised via ASSOB to undertake an IPO at 20c, and first day trading on the ASX reached 30c per share
- Over 14,000 potential investors are registered with ASSOB
Although there are no guarantees in the capital raising business, ASSOB’s intellectual property provides a process and a pathway that works for Australian companies seeking seed capital, and increases the chances of finding private equity funds for startup or expansion.
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