Booktopia seeks $43.1 million from investors to list on ASX
Booktopia has released a prospectus to list on the ASX, raising $43.1 million at a $315.8 million market value, after a $20 million private raise and past acquisitions of rival booksellers.
Company
Every investor coverage indicates participated in a round The Co-op bookshop raised.
The transaction that ended The Co-op bookshop's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Booktopia | Acquisition | Jan 2020 | - | SmartCompany (Thu 5 Nov 2020), SmartCompany (Thu 6 Feb 2020) |
Companies The Co-op bookshop acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming The Co-op bookshop. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Booktopia has released a prospectus to list on the ASX, raising $43.1 million at a $315.8 million market value, after a $20 million private raise and past acquisitions of rival booksellers.
Online bookseller Booktopia has closed a $20 million equity deal led by private investors Su-Ming Wong and John Sampson, shortly after acquiring the collapsed Co-op Bookshop, as founder Tony Nash targets retail dominance.
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