Raise
Who can raise on VESTIUUM?
Eligibility requirements.
These criteria aren’t meant to frighten you off. We owe it to our investors to dot every I and cross every T. We also want to present the best, most thoroughly vetted investment opportunities.
CSF
Equity Crowdfunding.
Asset cap
Your consolidated asset cap must be under AUD $25 million (calculated 12 months prior to your raise).
Revenue cap
Your revenue cap must also be under AUD $25 million (calculated 12 months prior to your raise, then again 6 weeks beforehand).
Raise cap
Each raise on VESTIUUM can’t exceed AUD $5 million, including any raise in the 12 months prior.
Location
Your principal place of business, and the majority of your directors, must be based in Australia.
Listing status
Your company can’t be currently listed on any exchange, either in Australia or overseas.
Use of funds
The funds raised on VESTIUUM can’t be used to invest in other entities, or to provide a loan.
IPO
Initial Public Offering.
Net Assets & Market Cap.
Minimum net tangible assets or a market capitalisation of at least $2,000,000 AUD.
Number of Shareholders
Minimum of 50 security holders holding a value of at least $2,000 AUD each.
Related Parties
25% of the main class of securities is held by non-related parties to the listee.
Working Capital
Minimum of $300,000 AUD working capital and a sufficient amount to sustain normal operations for at least 12 months after listing (ex. fundraising costs).
Audited Financials
Consolidated and audited financial statements for the last 3 years – latest financial statements must be for a period no later than 6 months prior.
Company Constitution
Your company must have a constitution which is consistent with SSX listing rules and contain wording prescribed by SSX.
VESTIUUM screening.
Runway
A company’s fundraising goals need to be achievable. They also need to have enough runway to survive without VESTIUUM (and our crowd).
Eligibility
Every VESTIUUM campaign meets the Australian regulatory requirements for equity crowdfunding and IPO investment. You can read about them here.
Terms
We make sure the deal terms are favourable for investors, and that the valuation cap is set appropriately (given the company’s size etc.)
Business Model
Without a sound business model, and a proven capacity for generating revenue, a company can’t get on VESTIUUM. Simple as that.
Background
VESTIUUM undertakes a full ASIC register check on every company, including background checks on senior management.
Raise your own way.
If we believe traditional debt funding is best for you, that’s exactly what we’ll recommend. Our team can help you find the right funding, not just the easy funding.
Find out if you qualify.
