Less than a month after announcing its temporary relief measures, ASX has announced further changes. The amendments made indicate a concern of ASX and ASIC that companies are potentially misusing the temporary relief and not properly considering the interests of existing shareholders in structuring and implementing oversized dilutive equity raisings.

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GRT Lawyers’ capital market experts Glenn Vassallo (Managing Director) and Scott Standen (Director) can guide you on striking the right balance between equity raising requirements and existing shareholder interests.