Enabling Australia’s First ASX-Listed Technology Investment Fund

Challenge

Scalare Partners, an investment and advisory firm specialising in funding and scaling early-stage technology startups, set out to become the first technology investment fund and advisory provider listed on the ASX.

The listing was pursued through a reverse acquisition, with Candy Club acting as the listed vehicle and lodging a prospectus for a public offer, a route that added significant complexity to an already demanding process.

The prospectus had to satisfy regulators and investors alike, while resolving intricate accounting matters: reverse acquisitions, share-based payments and the fair valuation of financial assets, all under a strict listing timeline.

The priority was clear: achieve a seamless, timely listing without compromising on regulatory rigour.

Solution

• Conducted a detailed review of the prospectus to support regulatory compliance.

• Joined the Due Diligence Committee to validate financial reporting.

• Advised on reverse acquisitions, share-based payments and asset valuation.

• Worked efficiently to meet the strict listing timeline.

Client Benefits & Advantages

• Successful completion of the reverse acquisition of Candy Club.
• Capital raised to fund future investments.
• Strengthened financial position and market credibility.
• Complex accounting matters simplified and resolved.
• Regulatory and investor confidence secured.
• A trusted advisor delivering under a tight timeline.