Taking the Steps

Once a company decides to list on NSX, the time it will take to list depends on a number of factors including: which listing path you choose, how prepared the company is and how efficiently you can provide the regulatory requirements to the NSX and ASIC.

A significant amount of preparation can be completed prior to lodging the Listing Application, which will speed up and simplify the entire process.

 
1

Talk to NSX

Contact the Business Development team and arrange a time to discuss what you are planning to do, a background on the business, the reasons for listing and the suitability for listing on NSX. The team will provide information to choose the appropriate listing option, answer any initial questions, assist with your Suitability for Listing submission and connect you with suitable Nominated Advisors, Equity Advisors and/or Brokers that can help you.
2

Lodge a Suitability for Listing Submission

All companies are required a lodge a Suitability for Listing submission, upon which the NSX can provide a conditional pre-approval that the company would be suitable as a public company listed on the NSX. This submission will form the basis of a formal Listing Application and will both simplify the remainder of the process and give you the confidence to proceed with a full submission.
3

Appoint A Nominated Adviser (NOMAD)

A Nominated Adviser is compulsory and assists with the NSX Admission procedure and documentation, advises you on NSX Rules and your ongoing compliance obligations once listed.
4

Prepare a Listing Application

With the assistance of your advisers, you must carry out due diligence and prepare your formal Listing Application for the NSX Listing and Admissions Committee to approve.

At this point, depending on the type of listing you are undertaking, you will follow one of these paths:

 

Path A: Raising Capital

 

Path B: NOT Raising Capital

(Direct Entry or Compliance Listing)
5A

Prepare an Offer Information Statement or Prospectus

If you are raising capital as part of the IPO process, with the assistance of your advisers, prepare an Offer Information Statement or a Prospectus with all relevant disclosures as required by ASIC.
5B

Prepare an NSX Compliant Information Memorandum

With the assistance of your advisers, prepare an NSX compliant Information Memorandum.
6A

Lodge your Offer Information Statement or Prospectus with ASIC and receive approval from NSX

Within 7 days of lodging your Offer Information Statement or Prospectus with ASIC (if applicable), submit your NSX listing application for review and approval by the Listing and Admissions Committee.
6B

Lodge your Information Memorandum and receive approval from NSX

Submit your NSX compliant Information Memorandum for review and approval by the Listing and Admissions Committee.
7A

Raise Capital

After your Offer Information Statement or Prospectus is lodged with ASIC and the exposure period has passed, the offer period can commence and you can raise capital from investors.
7B

List on NSX

After approval by the NSX, the official quotation of the company’s securities can commence on NSX for market trading.
8A

List on NSX

After completing your capital raising and the allotment of shares by the share registry, the official quotation of the company’s securities can commence on NSX for market trading.

Ring the bell at your IPO ceremony at NSX