Novus Capital Limited is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.
Scalare Partners was founded in 2020 by its three founders who are all still active in the business. Scalare Partners invests in and provides services to early-stage technology companies and their founders to create and develop successful technology businesses. Scalare Partner’s revenue comes from a mixture of fee-based service revenue and investment returns from its investment portfolio of early-stage tech businesses.
Scalare Partners is currently invested in 27 companies with its investment portfolio valued at circa $10 million.
Income for FY24 was up 64% from the previous year to $3.2m.
IPO Capital Raising of $8 million via the issue of new shares in the Company. ($4 million minimum).
USE OF FUNDS |
$AUD |
Establish USA Office |
500,000 |
Tech Ready Women Growth |
200,000 |
Internal tech development |
500,000 |
Investments in new and existing portfolio companies |
2,400,000 |
Costs of Offer |
705,000 |
Working Capital |
3,695,000 |
Total |
8,000,000 |
TIMETABLE |
DATE |
Lodgement of the Supplementary Prospectus |
25 September 2024 |
Offer closes |
25 October 2024 |
Issue and allotment of Shares under Offer |
31 October 2024 |
Expected date for dispatch of holding statements |
4 November 2024 |
Expected date of Trading of Shares on ASX (on a normal settlement basis) |
11 November 2024 |
Andrew Gooley: Andrew.Gooley@novuscapital.com.au
Phone: +61 407 206 904
Campbell Welch: Campbell.Welch@novuscapital.com.au
Phone: +61 410 300 414
James Walker: James.Walker@scalarepartners.com
Phone: +61 408 677 776
Carolyn Breeze: Carolyn.Breeze@scalarepartners.com
Phone: +61 408 606 046
Click to download Scalare Investor Presentation
This Prospectus is only available to Wholesale and or Sophisticated Clients. This Offer is not Open to Retail Clients.