From Seed to ASX —
End-to-End

Stynes Consulting has advised on numerous equity raisings and ASX listings. From prospectus preparation to post-listing compliance — complete capital markets advisory from a practitioner with real boardroom experience.

Numerous Capital raisings and listings advised
30+ Years advising ASX companies
Wide range of industry sectors
IPO & RTO Both pathways to ASX listing

The Capital Raising Process

A structured, end-to-end process from strategy through to post-listing compliance.

1 Strategy & Structure
2 Due Diligence
3 Prospectus Preparation
4 Regulatory Lodgement
5 Capital Raising Execution
6 Post-Listing Compliance

Capital Markets Advisory

01

IPO Advisory & Prospectus

Full-form IPO advisory including prospectus preparation under the Corporations Act and ASIC Regulatory Guide 228. Stynes Consulting has prepared and managed the lodgement of full prospectuses for companies across a range of sectors and sizes.

  • Pathfinder (red herring) prospectus drafting
  • Full prospectus preparation and review
  • ASIC RG228 compliance
  • ASIC comment management and response
  • ASX Chapter 2 listing application
  • Underwriting and broker engagement documentation
02

Reverse Takeovers (RTO) Backdoor Listings

The RTO pathway to ASX listing is often faster and more cost-effective than a traditional IPO for the right business. Stynes Consulting has advised on multiple backdoor listings, including structuring the transaction, managing ASX Chapter 11 compliance, and preparing required disclosure documents.

  • RTO structure and transaction design
  • ASX Chapter 11 compliance
  • Information memorandum preparation
  • Re-compliance requirements
  • Acquisition agreements and conditions
  • Shareholder approval documentation
03

Placements & Rights Issues

Secondary capital raisings for ASX-listed companies — from small placements under the 15% capacity through to larger institutional and retail raisings requiring shareholder approval and an offer document.

  • Placement agreements and cleansing notices
  • Rights issue offer documents
  • Section 708 sophisticated investor certificates
  • SPP and SAPS documentation
  • Shareholder approval — general meeting notices
  • ASIC and ASX notifications
04

Pre-IPO & Seed Rounds

Early-stage capital raising for companies preparing for a future listing — structuring investor instruments, managing term sheet negotiations, and ensuring the capital structure is IPO-ready from day one.

  • Seed and Series A term sheet negotiation
  • Convertible note and SAFE structuring
  • Sophisticated investor compliance
  • Investors rights and co-sale agreements
  • Pre-IPO capital structure optimisation
  • Escrow and voluntary restriction arrangements

Raising Structures We Advise On

IPO — Initial Public Offering

Full ASX Chapter 2 listing via prospectus. Best for companies with established revenue or significant asset base.

RTO — Reverse Takeover

Acquisition of a listed shell company to achieve ASX listing. Faster timeline, lower upfront cost for the right business.

Placement

Issue of new shares to sophisticated or institutional investors. Fast and flexible — no prospectus required within caps.

Rights Issue

Pro-rata offer to all existing shareholders. Suitable for larger raisings where broad participation is desirable.

Convertible Notes

Debt instrument that converts to equity on a future event — typically an IPO or Series A round. Popular with bridge financing.

SAFEs & Pre-IPO Notes

Simple Agreement for Future Equity — flexible, low-documentation instruments for early-stage founders raising from angels.

How We Engage