Crimson big enough for ASX IPO: Beaton

Crimson Education director John Key with founder Jamie Beaton. (Image: Supplied)

Wed, 06 Nov 2024

Crimson Education is large enough now to launch an initial public offering on the Australian Stock Exchange but would need greater scale to float on an American bourse, says its founder Jamie Beaton.Speaking to BusinessDesk from New York after completing a fourth, or Series D, funding round that raised US$40 million (NZ$67.6m), Beaton appeared more ready to discuss the potential for an initial public offering (IPO) than has been the case in the past.Speculation about an IPO for Crimson has been constant for some years, but Beaton has not previo...

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