Applications for the DomaCom Ltd Offer are open.
DomaCom Offer
DomaCom Ltd is seeking to raise $10 million with a minimum of $5 million, at a price of $0.75 per share.
DomaCom is the first registered fractional investment platform in Australia, enabling buyers and sellers to transact for fractional ownership in high value assets such as property.
The DomaCom Fund is structured as a combination of a managed fund and an online crowdfunding which allows investors to access investments in asset classes usually relatively difficult to access. Its primary target is the Australian SMSF sector.
The Prospectus has been lodged. Please ensure you read it carefully before you bid on behalf of your clients. Details of the Offer and on how to bid are enclosed below.
A flyer on the Offer is also available here.
Key offer information
A number of existing shareholders and new investors have agreed (severally) to underwrite up to the maximum amount of $5 million to raise the minimum subscription amount of $5 million. Oversubscriptions will be allowed up to a maximum of $23,707,475 (before Offer costs). DomaCom will issue a minimum of 6.67 million and up to 24 million new ordinary shares and facilitate the sale by existing shareholders of 7.6 million sale shares at $0.75 cents a share.
Key dates of the offer
Firm bids are due by 5.00pm on Friday 29th July 2016 (AEST).
Other than the date of lodgement of the Prospectus, the above date are subject to change and are indicative only. All dates and times stated above are AEST. The Company reserves the right to vary the dates and time of the Offer.
How to bid
If you're not a Desktop Broker client, contact us here.
For exisiting Desktop Broker clients, follow the steps below:
1. Download and review the Prospectus here.
2. Download the application form here and fill in the details.
3. Send it to support@desktopbroker.com.au.
Applications must be for a minimum of of 3,000 shares. Applications may be made for additional shares in multiples of 100 shares.
Firm bids are due by 5.00pm on Friday 29th July 2016 (AEST). However, the company may vary the timetable, including closing the Offer early, at any time prior to that date.
Client funds must be available for debit on Monday 1st August 2016.
If you have any queries please don't hesitate to contact our support team on 1300 726 177.