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Using the Platform

Last updated 2 months ago

What happens when I bid?

The process for completing a bid with Fresh Equities.

During a typical book-build there are three stages:

  1. An indicative bid - investor confirms their eligibility and submits a bid.

  2. Confirmation - investor confirms the bid, it is now firm and irrevocable.

  3. Allocation & settlement - broker determines the allocation amount and presents the investor with a placement letter and settlement details. 

Fresh works in the same way. Our platform is designed to reduce friction at each stage and make sure that all bidders can participate easily. Throughout this process you can monitor the status of your bid in the Profile section

Step 1 : Indicative Bid

Fresh verifies your eligibility to participate in the deal and prepares your bid so it can be accepted immediately. The following details are collected as part of this process (the personal details in this list only need to be completed once, and can be managed at anytime via the Profile section):

  • KYC/AML verification

  • Sophisticated/Professional investor check

  • Bidding Entity

  • HIN

  • Bid amount

Step 2: Confirmation Fresh will provide you with the term sheet and ask you to re-confirm the bid amount, this is now a firm bid.

Step 4 : Allocation & Settlement

Shortly after the deal closes the broker will notify you of your allocation, this will be part of a placement letter which will also include settlement and payment instructions. 

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Fresh Equities connects investors with listed companies raising capital

We provide comprehensive access to listed capital raises for institutional, family office and high net worth investors.

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Copyright © 2020 Fresh Equities. All rights reserved. ACN 619 657 028. CAR: 001267539 of AFSL: 471379.