One common request from our clients is to assist them to progressively release equity into the market in order to raise funds for supporting the ongoing growth of their business over an extended period of time.
This is distinct from the typical capital raising transactions which are once-off, high-risk and high-cost.
While we work with clients on various strategies, our ATM product has proven to be very popular. It is a structured equity financing process which Jenepé has developed and offers through its network of associates. It provides flexible access to capital for a public company via ongoing, ‘At The Market’ issuance of shares. This strategy minimises equity capital costs and provides flexibility for a company to access liquidity on an ‘as needs’ basis.
In many instances the ATM approach can also provide a number of benefits to a client’s major shareholders in their dealings with company shares.