Exert from update.
"The Company has received a positive response from a broad range of retail and institutional investors during its recent roadshow. Over 500 individual investor applications have been received (before accounting for any further potential applications that may be submitted by various brokers and by potential clients of the joint lead managers) and a majority of the book is now covered.In response to feedback from several institutions, and in an effort to improve the probability of the success of the IPO, with the intention of enhancing the aftermarket, the Company has agreed to reduce the pre-money valuation for the IPO from $15m to $10m. The reduction in the pre-money valuation represents a reduction of over 30% from the original valuation. The Company expects that the reduction in the valuation may attract institutional investors that the Company believes have shown demand for investment in the Company at a lower valuation than that set originally."
Link below (if it works)
clicking here.
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KOL
koligo therapeutics limited
Exert from update."The Company has received a positive response...
Currently unlisted. Proposed listing date: WITHDRAWN
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