BLT 0.00% 2.6¢ benitec biopharma limited

Maxim's Strong Incentive...

  1. 373 Posts.
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    Seems to me Maxim Group has a very healthy incentive to get the revised IPO offering completed. Page 165 of the amended F1 indicates that upon successful completion of the offering Maxim Group will be afforded "the right of first refusal to act as lead managing underwriter and sole book runner for any and all private placements and registered offerings of our equity securities in the United States for a period of twelve months from the date of this prospectus."

    Benitec might just become a very good source of income for Maxim Group over the next 12 months if they get this right. Which sounds like a strong alignment of incentives to me...

    -RS
    Last edited by rstickle: 12/08/15
 
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