IPO - RTO by Global Backup and Recovery SaaS Company

Categories Securities, Listed Exchange Traded
Sale Type Asking Price
Price Guide AUD IPO @ A$0.10 per share (IPO is to issue 80M shares with Min. A$5M subscription already filled and building up to a Max. A$8M)
Status: Closed


Reverse takeover by a global Backup and Recovery SaaS company.  The Company is a cloud-based software platform that enables SMEs to easily backup, recover and protect their digital databases. Its products include website backup, file-based server backup, email backup & archiving, as well as mobile data backup.

The Prospectus offers up to 80 million shares at an issue price of A$0.10 per share, to raise up to A$8 million, with a minimum share subscription of A$5 million (minimum completed).

The Offer closes on Friday 18th November 2016 at AWST 5PM.


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