Israeli startup Insense Medical is considering an IPO in Australia by the end of June next year, introducing to the ASX its no-lungs-needed breathing technology.

The company, brought to you by Melbourne advisor Henslow, is testing a device it has dubbed ‘Oxylink’ that it says can directly oxygenate the blood and bypass the lungs.

The idea is that doctors can still ventilate the body but don’t need to rely on the lungs, in cases where they’ve been damaged.

The company, originally named ClearX Medical, does not yet have a functioning website but a description on Israel’s Startup Nation Central database says it uses nano-vesicle technology — tiny sacs released by cells that carry chemical messages between cells and an increasingly popular drug delivery mechanism.

A pre-IPO investor presentation says Insense Medical is about to embark on clinical trials in up to 10 pigs weighing 120kg each in order to de-risk the technology before any IPO.

The technology is under review ahead of a possible patent application.

There is precious little information available about Insense, but its advisor was behind the spectacular Atomos (ASX:AMS) IPO a year ago, the sale of Maggie Beer to Longtable (ASX:LON), has advised companies including Department 13 (ASX:D13), and was involved in the PaddyPower purchase of SportsBet in 2015.

Company Proposed ASX code Proposed listing date/time Industry Issue price Fund raising
13 Seeds Limited 13S 19 December 2019 $0.20 $6m Hemp food
Aerometrex Limited AMX 10 December 2019 $1.00 $25m Aerial mapping
Amaero International Ltd 3DA TBA $0.20 $8m Additive manufacturing
Elanor Commercial Property Fund ECF 6 December 2019 $1.25 $173m Commercial real estate
Founders First Limited FFL 17 December 2019 $0.50 $17.5m Craft beverage accelerator
Godolphin Resources Limited GRL 20 December 2019 $0.20 $8m Gold and base metals
Happy Valley Nutrition Ltd HML 20 December 2019 $0.20 $15m Dairy
iCetana Limited ICE 18 December 2019 $0.20 $5m Video analytics software
Insense Medical TBA Q2 calendar 2020 TBA TBA Medical devices
M8 Sustainable Limited M8S 12 December 2019 $0.20 $19.5m Waste management
Macarthur Minerals Limited MIO 6 December 2019 $0.25 $7.5m Iron ore, gold and lithium exploration
Metal Hawk Limited MHK 12 December 2019 $0.20 $5.5m Gold and nickel exploration
MoneyMe Limited MME 16 December 2019 $1.25 $45m Fintech
Nemex Resources Limited NXR TBA $0.20 $5m Mineral exploration
Nicheliving Holdings NLH TBA $0.50 $12m Real estate
Nitro Software Limited NTO 11 December 2019 $1.72 $110m PDF software
Nuchev Pty Ltd NUC 9 December 2019 $2.60 $48.7m Dairy
OpenLearning Limited OLL 6 December 2019 $0.20 $8m Online learning platform
Openpay Group Ltd OPY 16 December 2019 $1.60 $50m Buy Now, Pay Later
Tartana Resources Limited TNA TBA $0.20 $6m Mining exploration
Terragen Holdings Limited TGH 11 December 2019 $0.25 $25m Agricultural biotech
Tyro Payments Limited TYR 6 December 2019 $2.50 $298m Fintech
Virgo Resources Ltd VIR 20 December 2019 $0.20 $5.5m Copper and gold exploration
Wordpress Table Plugin

Nearly 40 years after its establishment, Adelaide-based Aerometrex will list on the ASX next week, all things going well.

The aerial imaging firm raised $25m and will enter the bourse with a market capitalisation of $95m.

3D printer Amaero is also looking to launch, suggesting that Victoria is adding additive manufacturing to the list of industries calling it home. That list also includes Australia’s biotech sector.

Amaero “manufactures large format complex components in metal with laser-based additive manufacturing processes”, meaning they use lasers to make 3D printed metal parts.

Most ASX investors would be familiar with 3D metal printer Titomic (ASX:TTT), a 2017 IPO so successful that Melbourne’s financial sector effectively shut down that afternoon to celebrate.

Video analytics company iCetana is set to list by year-end. It’s looking to raise $5m from investors at 20c per share for an indicative market capitalisation of $27.5m.

And another Tasmanian hemp food maker, 13 Seeds, is setting up for launch.

The company will be one of the few Australia-based pure play hemp companies on the ASX, joining fellow Taswegian ECS Botanics (ASX:ECS).

Elixinol Global (ASX:EXL) and Ecofibre (ASX:EOF), both of which had spectacular IPOs, have their hemp operations mainly in the US, as does recent hemp wannabe Croplogic (ASX:CLI), whose main business is selling agronomy technology to farmers. Former miner Cann Global (ASX:CGB) is dabbling in all aspects of the cannabis industry.

So far in 2019, 47 companies have listed.

Adelaide company Uniti Wireless (ASX:UWL) and fintech Splitit (ASX:SPT) have been the most successful to date.

US lolly company Candy Club (ASX:CLB) and Trigg Mining (ASX:TMG) have been the least successful.

Fully sick wheel maker Carbon Revolution (ASX:CBR) listed last week and instantly became the one that got away, for anyone who didn’t get in. The stock bounced over 30 per cent on day one and hasn’t looked like coming close to the IPO offer price since.

Listed date ASX Code Company Funds raised ($M) IPO Price Price Nov 19 % change
02/19/2019 CLB Candy Club Holdings Ltd 5 0.2 0.06 -0.71
10/03/2019 TMG Trigg Mining Ltd 5 0.2 0.084 -0.58
05/23/2019 PWL Powerwrap Ltd 17 0.35 0.165 -0.54
11/07/2019 CAU Cronos Australia Ltd 20 0.5 0.265 -0.51
06/11/2019 PGL Prospa Group Ltd 110 3.78 1.94 -0.48
05/10/2019 360 Life360 Inc 145 4.79 3.05 -0.35
06/14/2019 2BE Tubi Pty Ltd 6 0.2 0.12 -0.33
03/07/2019 CBY Canterbury Resources Ltd 6 0.3 0.2 -0.27
05/24/2019 TIP Teaminvest Private Group Ltd 4 1 0.85 -0.15
06/06/2019 PKS PKS Holdings Ltd 16 0.2 0.175 -0.13
02/14/2019 A1G African Gold Ltd 5 0.2 0.175 -0.1
10/31/2019 TDI 360 Capital Digital Infrastruc 65 2 1.8 -0.1
11/13/2019 VG8 VGI Partners Asian Investments 557 2.5 2.29 -0.08
06/19/2019 WSP Whispir Ltd 47 1.6 1.53 -0.06
11/21/2019 KKC KKR Credit Income Fund 925 2.5 2.47 0
05/14/2019 PCI Perpetual Credit Income Trust 440 1.1 1.12 0.01
09/26/2019 PGG Partners Group Global Income F 550 2 2.03 0.02
04/29/2019 MOT MCP Income Opportunities Trust 300 2 2.06 0.04
06/17/2019 RF1 Regal Investment Fund 282 2.5 2.6 0.04
08/16/2019 FCL Fineos Corp Holdings PLC-CDI 211 2.5 2.65 0.06
06/06/2019 RLT Renergen Ltd 10 0.8 0.95 0.06
08/27/2019 APV Appsvillage Australia Ltd 5 0.2 0.205 0.07
06/14/2019 VOL Victory Offices Ltd 30 2 2.16 0.09
10/01/2019 MAD Mader Group Ltd 50 1 1.07 0.1
10/11/2019 MHH Magellan High Conviction Trust 862 1.5 1.665 0.11
05/28/2019 IAP Investec stralia Property Fu 102 1.32 1.4725 0.12
04/17/2019 RDY ReadyTech Holdings Ltd 50 1.51 1.675 0.15
11/08/2019 PWG Primewest Group Ltd 100 1 1.14 0.15
10/14/2019 HMC Home Consortium 325 3.35 3.87 0.16
04/30/2019 PE1 Pengana Private Equity Trust 157 1.25 1.485 0.2
05/07/2019 MRZ Mont Royal Resources Ltd 5 0.2 0.245 0.22
11/29/2019 CBR Carbon Revolution Ltd 90 2.6 3.3 0.26
10/16/2019 DTC Damstra Holdings Pty Ltd 49 0.9 1.11 0.28
08/30/2019 IMR Imricor Medical Systems Inc 13 0.83 1.16 0.37
02/22/2019 MPH Mediland Pharm Ltd 13 0.2 0.29 0.45
07/11/2019 QFE QuickFee Ltd 14 0.2 0.355 0.85
07/05/2019 IXC Invex Therapeutics Ltd 12 0.4 0.75 0.9
07/30/2019 SZL Sezzle Inc 44 1.22 2.5 1.07
08/22/2019 OPC OptiComm Ltd 42 2 4.2 1.1
04/18/2019 NXS Next Science Ltd 35 1 2.22 1.32
06/12/2019 PBH PointsBet Holdings Pty Ltd 75 2 4.705 1.43
06/21/2019 VGI VGI Partners Ltd 75 5.5 14.41 1.55
06/07/2019 VVA Viva Leisure Ltd 20 1 2.9 1.88
03/29/2019 EOF Ecofibre Ltd 20 1 3.1 2.19
09/23/2019 OSX Osteopore Ltd 5 0.2 0.75 2.83
01/29/2019 SPT Splitit Payments Ltd 12 0.2 0.785 2.93
02/13/2019 UWL Uniti Group Ltd 13 0.25 1.78 6.41
Wordpress Table Plugin

Featured Companies

You might be interested in