MyDeal.com.au (ASX:MYD) has completed an IPO
MyDeal.com.au Ltd has completed an initial public offering (IPO) to raise US$29.4 million under the ticker ASX:MYD, which values the company at a market cap of approximately US$191 million. The IPO was strongly supported by several well-known institutional investors and family offices, with Morgans and RBC acting as joint lead managers and underwriters.
MyDeal is a pure-play Australian e-commerce retail marketplace specializing in household goods such as furniture and homeware.
Oaklins’ team in Australia acted as corporate advisor in this transaction.
Founder and CEO, MyDeal.com.au Ltd
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