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List of Israeli companies quoted on the ASX

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As of 2019, 15 Israeli companies are listed on the Australian Securities Exchange. Nearly all achieved their listings[1] via a so-called "back-door listing"[2] where a currently-listed entity is used as a shell to house the new entity.

The ASX has traditionally hosted a large number of relatively small and early-stage companies due to a long history of mining exploration ventures in Australia.[3] Accordingly, companies with market capitalization of as little as $5–$10m are able to list on the ASX and are not restricted to a secondary market- they list on the main exchange.[4] This enables more liquidity than might be achieved on a US secondary market.[5] Technology firms often seek relatively large amounts of capital to rapidly scale while still at modest market capitalizations.[6] So smaller securities exchanges abroad (Singapore is another purported example)[7] can be a perhaps unlikely but favourable option for listing despite the geographical distance from their original base. Another perceived advantage is the absence of any cap on executive remuneration in Australia whereas such caps exist in Israel.[8]

List of Israeli companies currently quoted on ASX

This is a list of Israeli companies quoted on the Australian Securities Exchange as of 16 February 2019.

Name Ticker Symbol Year Listed Sector Products / Solutions Notes
Mobilicom MOB 2017 Telecommunications    
G Medical Innovations Holdings GMV 2017 Digital Healthcare    
Audio Pixels Holdings AKP 2004 Consumer Durables
Fluence Corporation FLC 2007 Industrial Technology
Weebit Nano WBT 2016 Semiconductor Technology
MMJ Phyto Tech MMJ 2015 Healthcare Medical Cannabis
Elsight ELS 2017 Communications
e-Sense Lab ESE 2017 Healthcare Medical Cannabis
Dragontail Systems DTS 2017 Logistics Algo, delivery optimization software
HearMeOut HMO 2016 Social media Audio-based social media
Ultracharge UTR 2016 Battery technology
MGC Pharmaceuticals MXC 2015 Medical Cannabis
Dotz Nano Ltd[9] DTZ 2016 Nanotechnology Graphene quantum dots
Sky and Space Global SAS 2016 Space technology Nanosatellites
Splitit SPT 2019 Software and information technology merchandise financing

References

  1. ^ "Australian stock exchange to Israeli tech firms: Come list Down Under". Retrieved 7 November 2017.
  2. ^ https://www.moneysmart.gov.au/investing/shares/keeping-track-of-your-shares/backdoor-listings
  3. ^ "3 more Israeli cos set for Australian IPOs – Globes English". Globes. Retrieved 7 November 2017.
  4. ^ "Australia/Israel & Jewish Affairs Council – Partners in Innovation". www.aijac.org.au. Retrieved 7 November 2017.
  5. ^ "ASX looks to attract international start-ups for diversity boost". 25 April 2017. Retrieved 7 November 2017.
  6. ^ "Behind the growth in ASX tech listings". www.asx.com.au. Retrieved 7 November 2017.
  7. ^ Gabriel, Anita. "SGX woos Israeli startups for IPOs". Retrieved 7 November 2017.
  8. ^ "Australia/Israel & Jewish Affairs Council – Partners in Innovation". www.aijac.org.au. Retrieved 7 November 2017.
  9. ^ "Dotz Nano to be 8th Israeli ASX listing". 23 May 2016. Retrieved 7 November 2017.
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