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ARTICLE · 20 JUNE 2025

ASIC Trialling Fast-Tracked Initial Public Offerings

K&L Gates
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On 10 June 2025, the Australian Securities and Investment Commission (ASIC) announced that it was commencing a two-year trial of a fast-tracked initial public offering (IPO) process (Fast-Track Process).

AustraliaCorporate/Commercial Law
Andrew Gaffney
Andrew Gaffney
Rania Seoud
Rania Seoud
Aimee Foster
Aimee Foster

On 10 June 2025, the Australian Securities and Investment Commission (ASIC) announced that it was commencing a two-year trial of a fast-tracked initial public offering (IPO) process (Fast-Track Process).

This announcement comes in response to the decline in IPOs and public companies in Australia.1

Who is Eligible for the Fast-Track Process?

To be eligible for the Fast-Track Process, entities planning an IPO will be required to have:

  1. A minimum projected market capitalisation at quotation of at least AU$100 million; and
  2. No securities that will be subject to escrow imposed by the Australian Securities Exchange (ASX),

(Eligible Entities or Eligible Entity).

What is the Fast-Track Process?

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