Capital Markets | Equity Capital Raising

Author: Gordon Platt

Burgundy vineyard Domaine Chanzy expects to be the first company to conduct an initial public offering using crowdfunding, which enables companies to raise money from members of the public, typically via the Internet. If successful, the winemaker will also become the first French company listed on London’s AIM Exchange.

UK-based equity crowdfunding platform Seedrs is hosting a campaign for the IPO, which seeks to raise at least $3 million. Seedrs previously completed a follow-on equity offering for Chapel Down Winery in the United Kingdom.

If equity crowdfunding catches on in Europe, it could open IPOs to a wider range of investors. Late last year Syndicate Room, another UK crowdfunding platform, hosted Mill Residential REIT, an IPO wrapped in a real-estate investment trust.


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