November 16, 2020

Five V portfolio company Universal Store celebrates successful ASX listing!

Congratulations to Alice Barbery and her team at Universal Store on their successful ASX listing this week. It has been a privilege to mark this milestone with Universal Store and our co-investors. We look forward to the next part of Universal’s journey as a listed company.

Universal Store raised $147.8 million at $3.80 a share, $38.4 million in primary issuance and a $109.4 million sell-down by existing shareholders, in the third largest IPO this year after Adore Beauty and Home Co daily Needs REIT.

https://www.smh.com.au/business/companies/universal-store-still-keen-on-physical-stores-as-shares-soar-on-asx-debut-20201117-p56f8i.html 

Published by: Five V in NEWS