This offer is now closed.
Today, we would like to offer you a chance to get in on the ground floor for an exciting new technology IPO called thedocyard.
Thedocyard is a SaaS IPO currently underway. The software is cloud-based and built specifically to manage the entire deal space for commercial and corporate transactions.
This offer closes on 31 January 2020.
Table of Contents
What is thedocyard?
Watch this quick one and a half minute video for an idea of what thedocyard is
The company is a product of former senior lawyer Stuart Clout, who worked specifically on capital market transactions and encountered the daily and arduous task of interacting with many parties and documents.
The software caters to transactions and companies of all sizes and has been used in more than $10bn of transactions.
The business provides unprecedented solutions to transactions from an efficiency and compliance perspective, which has been substantiated by the large key clients of the company; Macquarie Bank, PwC and Herbert Smith Freehills to name some.
There has been strong interest in the IPO and looks to list the company on the ASX in January 2020. From a capital markets point of view, the tightly held register and institutional backing at the IPO level sets the listing up to come on strongly.
Here is a 5-minute demo of the platform
Pre-IPO key milestone achievements
The Company has established its first sales pod following the Pre IPO raise and will want to continue this momentum by setting up further sales teams.
- CEO Stuart Clout recently had a successful trip to London signing off on a big four accounting firm who have agreed to pilot the technology, attracting a pilot fee of $50,000. A three-year contract is being negotiated to start immediately after the pilot for $1,500,000 over the term.
- The big four firms have offered to co-sell thedocyard into their global client base, this will deliver significant channels to market for the company.
- Four other teams have also expressed interest in licensing the post-pilot – this represents the companies anchor into the London market.
- A global UK/US law firm have commenced the pilot of the technology and two weeks in have expanded the scope of the pilot into other deals teams beyond the initial contract.
- Microsoft (worldwide) have agreed to co-sell thedocyard through their global sales network.
The AFR also mentioned the IPO earlier in December.
Thedocyard investor presentation
You can download the full investor presentation for thedocyard here.
Key offer information
The Offer is for a Minimum Subscription of 20,000,000 Shares to raise $4,000,000 at an issue price of $0.20 per Share and a Maximum Subscription of 25,000,000 Shares at an issue price of $0.20 per Share to raise up to $5,000,000.
The Offer is not underwritten.
In particular, you should consider the risk factors that could affect the performance of the Company prior to deciding whether to invest in the Shares.
There are risks associated with an investment in the Shares which must be regarded as a speculative investment.
The prospectus and indicative timetable
You can download the full prospectus here.
| Offer Closes | 31 January 2020 |
| Issue and Allotment of Shares under the Offer | 4 February 2020 |
| Expected date for dispatch of holding statements | 10 February 2020 |
| Trading of shares commences on ASX (on a normal settlement basis) | 14 February 2020 |
Expression of Interest
If you are interested in participating in this IPO, please leave your details below and we will contact you as soon as possible.
The minimum bid is $2,000 AUD.
MF & Co. Asset Management may receive a handling fee of funds raised. Please see section 11.4.5 of the prospectus for fee disclosures.
You will receive an email entitled “Thedocyard IPO – Place your official bid here” instantly. Please check your spam box or contact us as soon as possible if you didn’t get the email.
