Listing in North America
Shape Capital has an established network of investment banks, brokers, investor relations firms and legal firms in the US and Canada.
Unlike Australia, North America has multiple public markets and stock exchanges that support both early stage innovative companies ‘referred to as public venture capital’ and large cap global firms. There are many ways Australian companies can list in North America. The fastest and most cost effective pathway is a Direct Listing which takes approximately 3 months to complete and is a lot more cost effective than listing locally.
Financing Opportunities
We provide access to financing in North America via an IPO or a private placement. From venture stage to established companies, our network provides funding for growth capital and acquisition financing.
Listing Requirements
There are multiple stock exchanges in Canada and USA. Each has their its listing requirements and listing rules. The Canadian Securities Exchange has no minimum market cap requirement, no balance sheet hurdles, and no revenue or profitability requirements. Twelve months’ working capital at listing is the main listing requirement. For larger more stablished companies the TSX, TSXV or NASDAQ have more stringent listing requirements.
If you are an early stage and emerging company, you can list on one stock exchange and then passport to a larger stock exchange once your company is ready.
Global Market
Listing in North America does not exclude local Australian shareholders from trading their shares. As a local shareholder you can trade both the Canadian and US markets via an international broker account with CommSec and also dozens of North American brokers.