Hall & Wilcox advises DomaCom Limited on A$3 million equity raising
Hall & Wilcox has advised DomaCom Limited on its recently announced capital raising to increase investment in its DomaCom platform and support growth in the superannuation markets via innovative products.
DomaCom Limited owns and operates the DomaCom investment platform, which seeks to provide the self-managed superannuation fund market and other long-term investors the opportunity to make fractional investments in a range of asset classes, including property-related investments, mortgage-backed securities and debt securities.
The Hall & Wilcox team was led by partner John Hutchinson, with support from lawyer James Fisher. The equity raising involved an A$3 million fully underwritten pro-rata non-renounceable entitlement offer.
John Hutchinson commented that ‘Hall & Wilcox is delighted to have assisted DomaCom with its latest round of equity raising, to complete its recent A$6 million recapitalisation program. DomaCom is well placed to continue development of its unique DomaCom Platform and its other innovative products.’
Hall & Wilcox has a strong equity capital markets practice, with extensive experience in capital raising and capital management transactions. The firm has acted in initial public offerings and Australian Stock Exchange (ASX) listings, secondary retail and institutional offerings, capital raising transactions by managed investment schemes, stapled security structures, on-market buy-backs and capital reductions.
Hall & Wilcox also assists ASX-listed clients with various ongoing compliance and corporate governance-related obligations and helps them prepare for annual general meetings and extraordinary general meetings.
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