https://www.copyright link/business/banking-and-finance/private-equity/how-updater-is-faring-in-its-unicorn-quest-20190130-h1anp5
This is an earlier AFR article.
The last time I spoke with the UPD investor rep in Australia- a few days ago- everything was on track. The main point was to get the W-8BEN form in to Computershare to avoid having to pay 24% US with holding tax.
Not sure if there have been any wrinkles in the fundraising and share by back plan. Interesting.