Chrysos Corporation completes IPO, lists on ASX

19 May 2022 By Lauren Croft

Finance provider Barrenjoey has acted as a sole lead manager and underwriter to Chrysos Corporation’s IPO and ASX listing.

Firm: Gilbert + Tobin (Barrenjoey)

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Deal: G+T has advised Barrenjoey on its role as sole lead manager and underwriter to Chrysos Corporation’s IPO and ASX listing, wherein Chrysos raised $183.5 million with a market capitalisation of approximately $637 million based on the IPO offer price.

Value: $183.5 million

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Area: Capital markets

Key players: G+T’s equity capital markets team was led by corporate advisory partner Adam D’Andreti with support from lawyers Kevin Zhou and Nicholas Maunsell. Thomson Geer was the issuer’s legal counsel.

Deal significance: This is the largest IPO listing on the ASX to date for 2022.

Combining science and software, Chrysos develops innovative technology solutions for the global mining industry. Originally developed at Australia’s national science agency, CSIRO, Chrysos’ PhotonAssay technology delivers faster, safer, more accurate and environmentally sustainable analysis of gold, silver and complementary elements.

Commenting on the deal, G+T said: “It was a pleasure advising Barrenjoey on Chrysos Corporation’s IPO and ASX listing, which was achieved during a turbulent period in equity capital markets. We wish the company well on the exciting next phase of its development.”

Chrysos Corporation completes IPO, lists on ASX
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