Shaw and Partners successfully raises $30.7 million for Revasum News04 Dec 2018

Shaw and Partners successfully raised $30.7 million for Revasum, which today listed on the ASX under code ASX:RVS.


The deal was strongly supported by both institutional and retail investors.


Revasum is a Californian based firm that manufactures equipment to make microchips used in mobile phones, cars, and internet-connected devices. Its technology enables manufacturers of semiconductor substrates and devices to reliably produce at higher yields and lower costs to their competitors.


Strong quarterly results from international semiconductor (SC) companies and evidence of ongoing capex growth (memory and other SC’s) provide a solid backdrop for investors in the increasingly broader ASX SC sector.

Since pricing the deal / placing RVS, the semiconductor industry has rallied 13.5%.


Revasum has recently made an announcement highlighting the following:

  • 100% of forecast system revenue for the 6 months to 31 December 2018 has either been shipped, or is under purchase orders (with deposits paid) and due to be shipped, prior to 31 December 2018.
  • 63% of 1H 2019 forecast system revenue now under confirmed purchase order, versus ~50% at Prospectus date
  • Revasum has recently been selected as the strategic partner for Silicon Carbide production by major semiconductor device manufacturer – a key endorsement of Revasum’s technical expertise


As Corporate Adviser to Revasum, Shaw and Partners looks forward to working with Revasum in the future.

Related Articles
News16 Oct 2019 Shaw and Partners appointed as Lead Manager to the proposed IPO of MacArthur Minerals
Shaw and Partners is pleased to be appointed as Lead Manager to the proposed IPO of MacArthur Minerals Limited.   MacArthur Minerals (TSX:MMS) is a TSX Venture Exchange listed iron... Read More
News16 Oct 2019 "Investing in a world with low interest rates" Equity Market Outlook kicks off in Canberra
Shaw and Partners was pleased to kick off our national Equity Market Outlook "Investing in a world with low interest rates" event series in the nation's capital last night.   Shaw ... Read More
News14 Oct 2019 Shaw and Partners and Moelis raise for 360 Capital Total Return Fund
Stockbrokers Moelis and Shaw and Partners are seeking buyers for securities in 360 Capital Total Return Fund.   The brokers have underwritten a $10.8 million raising, which was t... Read More
News11 Oct 2019 Shaws presents new buy now, pay later float contender
Meet now, buy later.   That's the message from Shaw and Partners as it introduces fintech Openpay to potential investors ahead of an initial public offering slated for late Novembe... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%