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Vocus and Amcom founders steer Swoop Telecommunications in $61M listing deal


Vocus and Amcom founders steer Swoop Telecommunications in $61M listing deal
Vocus and Amcom founders steer Swoop Telecommunications in $61M listing deal
Tattarang, James Spenceley and Tony Grist strike deal to publicly list the telco player in April
Alex West (Swoop CEO)
Credit: Swoop
Swoop Telecommunications and NodeOne have been acquired by publicly listed Stemify in a reverse takeover deal worth $61.3 million.
The fixed wireless and wholesale network infrastructure carrier is backed by Perth-based investment company Tattarang, Vocus founder James Spenceley and Amcom founder Tony Grist.
The combined national telco intends to list in late April under Swoop Holdings, using the ASX ticker SWP. ....

Western Australia , Richard Whitling , Matt Hollis , James Spenceley , Swoop Holdings , Cirrus Communications , Swoop Telecommunications , Pipe Networks , Alex West , Asx Listing , Amcom Telecommunications , Tony Grist , மேற்கு ஆஸ்திரேலியா , மேட் ஹோலிஸ் , ஸ்வூப் ஹோல்டிங்ஸ் , சிரஸ் தகவல்தொடர்புகள் , ஸ்வூப் தொலைத்தொடர்பு , குழாய் நெட்வொர்க்குகள் , அலெக்ஸ் மேற்கு , அஸ்ஸ் பட்டியல் , மகம் தொலைத்தொடர்பு , டோனி மணிக்கட்டு ,

Swoop Telecommunications to relist on ASX through reverse takeover


Australian fixed wireless and wholesale network infrastructure carrier Swoop Telecommunications will list on the ASX through a reverse takeover.
Swoop will be acquired by Stemify Ltd in a deal worth $61.3 million, which also includes NodeOne, a Perth-based NBN retail service and fixed wireless provider.
Stemify, listed under the suffix SF1, is a shell company that formerly sold edu-tech products and 3D printers. It had a market capitalisation of $3 million.
Through the listing, Swoop aims to raise $20 million at 50 cents per share, appointing Morgans Corporate Limited as lead manager of the public offer.
The company plans to further expand its infrastructure nationally and fund potential acquisitions to expand its products and offerings. ....

Western Australia , Richard Whitling , Matt Hollis , Andrew Forrest , James Spenceley , Stemify Ltd , Morgans Corporate , Cirrus Communications , Swoop Telecommunications , Morgans Corporate Limited , Tony Grist , Alex West , மேற்கு ஆஸ்திரேலியா , மேட் ஹோலிஸ் , ஆண்ட்ரூ காடு , மோர்கன்கள் பெருநிறுவன , சிரஸ் தகவல்தொடர்புகள் , ஸ்வூப் தொலைத்தொடர்பு , மோர்கன்கள் பெருநிறுவன வரையறுக்கப்பட்டவை , டோனி மணிக்கட்டு , அலெக்ஸ் மேற்கு ,