Baker & McKenzie Acts for Underwriter of Dreamscape Networks IPO
Baker & McKenzie is acting for Canaccord Genuity (Australia) Limited, the underwriter and Lead Manager for the initial public offering (IPO) and ASX listing of Dreamscape Networks Limited.
The IPO seeks to raise $25 million, and the company is scheduled to list on the ASX in early December 2016. The institutional component of the offer was also extended to investors in Hong Kong, New Zealand and Singapore.
Dreamscape is is the leading domain name brand in Australia with 30 per cent market share according to press reports.
Lead partner on the transaction, Guy Sanderson stated: "We are delighted to act for our client, Canaccord Genuity (Australia) Limited, on Dreamscape's initial public offering and ASX listing."
Guy was assisted by a Baker & McKenzie team comprising: senior associate, Hoda Nahlous and associate, Jeanie Chang.