26 04 2016

Redbubble's $30 Million Initial Public Offering

Clayton Utz is acting for Morgans Corporate Limited and Canaccord Genuity (Australia) Limited as Joint Lead Managers on the Initial Public Offering (IPO) and listing on the Australian Securities Exchange (ASX) of online creative marketplace Redbubble.


Shares will be offered at $1.33 to raise an initial $30 million to fund Redbubble's growth strategy and provide returns to early-stage investors. Redbubble is expected to list on the ASX on May 17 with a market capitalisation of $267 million. Corporate partner Brendan Groves (Picture) is leading the Clayton Utz team, which includes Warrick Louey and Kate Allison. Involved fees earner: Brendan Groves - Clayton Utz; Warrick Louey - Clayton Utz; Kate Allison - Clayton Utz;

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