Capital Raising to raise up to $500,000 through the issue of 32 fully paid ordinary shares in the Company (“New Shares”). New Shares issued pursuant to the Capital Raising will rank pari passu with existing shares on issue in the Company.
Winboard Holdings Pty Ltd
WIN1
Lead Manager
Offer Price
A$15,625
per share
Offer Size
A$500,000
Offer Details
Offer Price (Per Share)
A$15,625.000
Offer Size
A$500,000
Shares Available
32
Offer Price: $15,625 per New Share
Pre-Money Value: $2.5m
The Platform
Winboard acts as the intermediary between asset owners and advertisers, providing a simple, seamless transaction process.
The Winboard platform allows potential advertisers to easily search by location, asset type, price etc. This allows the quick creation of their own suite of locations providing either hyper-localised ads, or ads anywhere in the world.
- The asset owner creates an account, then lists their asset(s), setting attributes such as location, nearby features, and availability. The owner sets their price.
- The advertiser selects the asset they want to advertise on and they duration that they want to advertise for. The advertise pays the quoted price upon booking. This is then released to the owner 24hrs after the commencement of the campaign, less commission.
- All bookings are subject to a 10% booking fee payable to Winboard. This fee is deducted at the time of disbursement to the asset owner.
Appear Anywhere
Case Study
An example of a current property owner and advertiser who matched through the Winboard platform.
Estimated Reach
38,500 per week
Site Size
5sqm
Location
Cottesloe Central
Asset Owner
Cygnet West
Booking Fee
$700 per fortnight
Advertiser
Lightning Minds
Winboard display in Cottesloe Central
Board & Management
Simon Chandler
Founder & CEO
Simon is CEO & founder of Winboard. Simon has over 12 years of commercial property experience, focusing primarily on the retail sector with an emphasis on the delivery of hospitality and apparel concepts to both private and institutional Landlords. It is through this experience that Winboard was created.
David Jewkes
David is a corporate partner with global law firm Norton Rose Fulbright, specialising in mergers and acquisitions and equity capital raisings, including company establishment, A / B funding, initial public offerings and public takeovers. David has worked for a number of technology businesses on growth and establishment phases and brings almost 20 years of legal experience and knowledge in the Australian and global equity markets.
Brian Mangano
Brian is Managing Director and CEO of Swift Networks (ASX:SW1), previously financial controller for Virgin Communications, CFO of spatial data services company Veris Group (ASX:VRS). Brian has over 20 years experience spanning a broad range of areas including strategic and business planning, mergers and acquisitions, capital raising, debt finance, information technology, and risk management.
Capital Structure
The company currently has 120 fully paid ordinary shares on issue, with an agreement to issue an additional 14 shares to Chant Venture Fund. Following the issue of those shares, the Company will have 134 fully paid ordinary shares on issue and the capital structure will be as follows:
- Simon Chandler – 67 shares representing 50%
- David Jewkes – 32 shares representing 24%
- Chant Venture Fund – 33 shares representing 24%
- Brian Mangano – 1 share representing ~1%
- Garo Tanzi – 1 share representing ~1%
Use of funds
Website Development – Stage 2 ($134k)
- Incorporation of additional channels – vehicles, people, media & online. Capacity to auction locations/price surge. Multiple Bookings Functionality.
- Any requirements as determined through MVP use.
- Capacity for global expansion of the Winboard platform will require conversion of text, currency & metrics to native language.
- Security upgrades.
AI Incorporation ($26k)
- Identify designated areas and overlay with Winboard branding watermark to highlight location.
- Streamline & optimize asset owner verification on Winboard Platform Refine & extend internal messaging program.
Development & execution of Marketing plan ($100k)
- Develop marketing plan for FY24 identifying new markets for Winboard to target to drive future revenue growth. including SEO management.
Legal ($120k)
- International Intellectual Property costs and other legal costs.
Working Capital ($120k)
- Management of business operations.
Disclaimer
This site does not constitute an offer, recommendation or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Winboard Holdings Pty Ltd. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents or advisers makes any representation or warranty about its accuracy, reliability, completeness or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data or advice contained or for any omission or for any other information, statement or representation provided to any recipient (including, but not limited to, as a result of information, data or advice being inaccurate, unreliable, incomplete or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this “Notice and Disclaimer” is invalid, illegal or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.
