Locafy Ltd

Locafy Ltd (LCFY) priced its initial public offering on Mar 29, 2022 at $4.12 per share, raising $6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $84.7M. H.C. Wainwright was lead-left underwriter. Haynes and Boone advised the company and Rimon and Lucosky Brookman advised the underwriters.

Locafy Ltd is an Australian company commercializing a SaaS online publishing platform, partly patented in the United States. The platform publishes content to web-browser devices and programmatically optimizes it for local search, producing fast-loading pages.

Status

IPO

Ticker

LCFY

Exchange

Nasdaq Capital Market

Priced

Mar 29, 2022

IPO price

$4.12

Raised

$6M

Market cap at IPO price

$84.7M

First filed

Feb 1, 2022

Underwriters

H.C. Wainwright

Company counsel

Haynes and Boone

Underwriters' counsel

Rimon and Lucosky Brookman

Sector

Technology

Country / state

Australia

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.