News Articles for Otsana Capital

Pitcher Partners chair Bryan Hughes and his wife Mai are looking to take their fresh food box business to the Australian Stock Exchange via a $6 million IPO.

There have been 15 insolvency appointments to Western-Australian-incorporated companies in the last two weeks.

The corporate regulator has strongly criticised company directors and lead managers involved in mining IPOs, saying they often have conflicts of interest, favour select clients and are focused on chasing short-term gains.

Shares in West Perth-based Raiden Resources (previously SubZero Group) enjoyed strong gains today after they started trading on the ASX, following a two-year restructuring of the company and acquisition of a copper-gold project in Serbia.

Legal proceedings started by two eSense-Lab directors, including Otsana Capital director Brendan de Kauwe, against the life sciences company in Israel have been dismissed.

A group of shareholders in life sciences company eSense-Lab has requisitioned a general meeting to remove three directors, including chief executive Haim Cohen, while also seeking to appoint MMJ Phytotech managing director Andreas Gedeon and Otsana Capital founder Faldi Ismail to the board.

Gold-focused Calidus Resources has begun trading on the ASX after raising $7.8 million from investors and completing a reverse takeover of biotech company Pharmanet Group.

G Medical Innovations Holdings has joined nearly a dozen Israeli tech companies to list on the ASX in recent years through Perth advisers.

Property-focused software company Servtech Global Holdings has wrapped up its first day of trading on the ASX, after completing a $6 million initial public offering.

Life sciences company eSense-Lab has enjoyed steady gains on its first day of trading on the ASX, after raising $3.5 million from investors in an initial public offering.

Nano-technology company Dotz Nano has announced plans to establish a $S20 million ($A18.7 million) research centre in Singapore, on the same day it made fruitful gains on its first day of trading on the ASX.

West Perth-based advisory firm Otsana Capital has established an office in Israel to work closer with startups in the region seeking a presence on the ASX.

Israel-based materials company Dotz Nano has joined the wave of tech firms from that country seeking to raise capital in Australia via a listing on the ASX.

Plymouth Minerals has appointed John Sanders as technical manager and Robert Jewson as its business development manager.

Meteoric Resources has announced plans to acquire an unlisted courier business and adopt its business model in a deal valued at about $12.9 million.

Perth-based app services company Global Agenda Technologies is seeking an ASX listing through a reverse takeover of Marion Energy.

Forge Group founder Peter Hutchinson is planning to move into agribusiness, with ASX-listed Style announcing the $20 million acquisition of Nor-West Seafoods.

A local oil and gas explorer led by Steinepreis Paganin partner Peter Wall has announced plans to acquire a digital technology company in a backdoor listing.

An institutional investor and a group of ultra high-net-worth individuals have taken a punt each way on a multi-billion dollar steel project.

The number of backdoor listings or reverse takeovers in Western Australia is likely to rise after a change in ASX policy has simplified the process for emerging companies to access capital via existing entities.

Online education provider iCollege expects to begin trading within days on the Australian Securities Exchange as the company wraps up a reverse takeover of DGI Holdings.

SPECIAL REPORT: The biotech sector came to life in 2013 but pricing was critical to the success or failure of capital raisings.