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Swoop Holdings Limited finalises ASX listing

Clayton Utz has advised private investment group Tattarang on the ASX listing of Swoop Holdings Limited.

user iconEmma Musgrave 10 June 2021 Big Law
Swoop Holdings Limited finalises ASX listing
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Firm: Clayton Utz (Tattarang).

Deal: Swoop Holdings Limited has officially listed on the ASX. As per a statement provided by Clayton Utz, the listing was effected via the acquisition of Swoop Telecommunications and NodeOne by Stemify Limited, with the relisted company renamed Swoop Holdings Limited. Tattarang holds a substantial shareholding in Swoop Holdings

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Value: Undisclosed.

Area: Corporate.

Key players: The legal team advising Tattarang was led by Clayton Utz Perth-based corporate partner Mark Paganin and special counsel Stephen Neale, with assistance from corporate lawyer William Davies, tax partner Peter Feros and tax special counsel Cameron Forbes.

Deal significance: Swoop Telecommunications is described as being a fixed wireless and wholesale network infrastructure carrier based on Australia’s east coast.

Meanwhile, NodeOne is described as a fixed wireless broadband provider and licensed telecommunications carrier based in Western Australia. 

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