Secondary Offerings

A Secondary Offering involves the issuance of stock for public sale in a company that has already made its Initial Public Offering (IPO). This can be in the form of new stock issued by the company (usually a placement) or the sale of existing stock by relevant shareholders. At State Equity, we have significant experience in Secondary Offerings, enabling companies to refinance and raise additional capital for the purpose of business growth and/or to facilitate the efficient exit of current investors who want to monetise their equity.

Our Tactics

We work with listed companies to formulate a capital management strategy that can cater for the growth needs of the business, whilst accommodating the liquidity requirements of relevant investors.

We commence the process by undertaking an extensive review of the market in terms of the potential interest in the stock. This is followed by the preparation of the necessary documentation for executing a public issue whilst coordinating the participation of relevant shareholders and institutions.

We then undertake a series of investor presentations of the business that can include raising capital from our extensive network of overseas investment channels. We also coordinate the participation of brokerage firms in the capital raising process and ensure the timely settlement of the agreed sales as the lead manager of the offering.

Client Benefits

Our tactics for secondary offerings enables companies to raise capital for growth and to restructure existing capital facilities in an efficient and expedient manner. We also facilitate the orderly migration of shareholders that may want to exit their investment to ensure the market perceives such undertakings in a positive and constructive manner.

 

View our guide to
Secondary Offerings