TASE Up
An innovative trading arena where tech, real estate and other companies can stay private, and trade continuously on the TASE platform without being subject to ongoing disclosure requirements under the Israeli Securities Law.
TASE UP: Your Next Milestone
Private companies that choose to be listed on the TASE UP platform, remain private and therefore are not required to publish a prospectus when listing their securities and are not subject to ongoing disclosure requirements under the Israeli Securities Law.
The TASE UP platform is designed to replicate the infrastructure of TASE’s trading and clearing systems and is therefore familiar and readily accessible to the institutional and qualified investors.
More about TASE UP
- What type of securities are eligible to list on TASE UP? Warrants, shares, bonds, convertible bonds, participation units
- Who may issue securities on TASE UP platform? Credit funds, technology and biomed companies and venture capital funds
- Which investors are permitted to transact on the TASE UP platform? Qualified investors (Under Schedule One of the Israel's Securities Law - 1968), Institutional investors, Venture capital and other private equity funds, Corporations meeting minimum capital requirements as stipulated in Schedule One of Israel's Securities Law – 1968.
Benefits for Companies
- Access to institutional and qualified investors
- Ability to issue variety of financial products
- No prospectus or ongoing reporting obligations
- Streamlined and innovative process
- Liquidity for the securities holders
Benefits for Investors
- Direct access to investment in private companies
- Access to TASE UP trading platform
- International Security Identification Number (ISIN)
- Listing, clearing payment execution
- Foreign investors are exempt from withholding taxes on interest payments