It may be August but next year’s initial public offering pipeline is already revving up. Street Talk can reveal stockbroker Ord Minnett blasted invitations to its top fund manager clients on Tuesday, inviting them to hear from next year’s IPO hopefuls. Kicking off the zoom-sesh is tech pioneer Brennan, which discussed its renewed IPO plans with the Australian Financial Review in April. The 26-year-old consultancy and systems integrator, which last year won a bidding war to acquire listed tech company MOQ, is looking to the ASX to fund more multi-million-dollar acquisitions.
Of course, broker parades of IPO potentials are not confirmations of a listing - but they’re a good sign as any that floats are on the mind. The final two names on Ord’s speed dating list are Perennial Partners-backed AI software startup Complexica and critical minerals and rare earth play RZ Resources.
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