Pricing, Clearing & Settlement, Listing
The responsibility for vetting the transaction is placed squarely on the investor. Since the platform is designated for qualified investors, underling assumption is that they are fully capable of analyzing the transaction.
Yes, market makers can be appointed.
Last deal price.
The company will transfer the entire amount to the nominee company and the TASE clearing department will transfer all the amount due via the exchange members the directly to the investor account.
Yes, TASE charges a fee of NIS 5,000 for placement clearing and settlement services, and all operations are administered by TASE.
Through the platform’s third-party partners and other capital market participants. The company can engage an underwriter to conduct the placement throughout the roadshow process and meetings with potential investors. In addition, investors can turn to the company individually and request materials accompanying the placement.
The list of the companies will be published at the TASE website.
Yes, the platform will be open for viewing only to the general public.
Investors who are neither institutional nor qualified investors will be able to view corporate valuation but not to trade on the platform.
Yes, they can list for trading on the TASE UP platform subjected to a lawyer statement from the origin company which approves the listing for trade in Israel.
No.
Regular and preferred shares can be listed for trading , subjected to TASE approval.
Yes, there are no limitations on the incorporation place.
Yes, in such case when the anti-dilution mechanism is evoked, the anti-dilution shares will be distributed to the company current shareholders.
