GO PUBLIC ON AIM, might be the right solution for the right company: by david solomon solomon...

1 SOLOMON CAPITAL, 10, YIGAL YADIN ST. RAANANA ISRAEL. www.solomon-capital , [email protected]

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By: David Solomon, SOLOMON CAPITAL

For more information please contact: David Solomon, [email protected], 972-508695450

April 2013

mailto:[email protected]


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Foreword Many Israeli based growth companies are looking for capital. If we take a closer look at the availability of capital sources to the

majority of high potential companies but not necessary “one billion dollar” companies, we will see that there are very few real options

for raising funds. The Tel Aviv stock exchange is not an option today, basically due to the fact that not even a single IPO took place

in the last two years. NASDAQ is looking just for companies generating a huge hype with market cap of $300 million and more. So

why not consider the London AIM [Alternative Investment Market] as a real option for an IPO [or flotation)?

YES, I know that the AIM is not the first choice for Israeli based companies, usually because of its relatively low liquidity. And Israeli

based companies are not the first choice of AIM investors [mainly as a result of very bad experience with many Israeli based

companies during 2001-2005]

All is true, but I believe that for the right company AIM can be the right solution. There are many most attractive Israeli based

companies that have the potential to raise money on the one hand and have the potential to generate a real value to their

shareholders on the other hand. The best candidates for going public on AIM meet one of the following profiles:

Profile A - Technology: Sales $10-25m, EBITDA >$2m, Market Cap, $20-100m, IPO $10-25m

Profile B – Service/Retail: Sales >100m, EBITDA >$5m, Market Cap, >50m, IPO $>$25m

So. I really believe that AIM might be the best (and only…) fundraising platform for many Israeli based companies.

David Solomon, CEO SOLOMON CAPITAL

10.4.2013


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About SOLOMON CAPITAL SOLOMONCAPITAL is a leading Israeli based investment house, providing investment banking as well as corporate

finance services that include; Fundraising, M&A, Financial Restructuring and Strategic Business Consulting, to Israeli, and

International companies.

David Solomon, Group CEO

With over 20 years of experience, David Solomon, is one of Israel's leading experts in the field of Corporate

Finance. David, is the former Managing Partner of Cukierman & Co. Consulting Ltd, the founder and the

CEO of B-PLAN, 4HIGHTECH [Investment Bank], and Micromedic Technologies [Listed on the Tel Aviv

Stock Exchange]. Mr. Solomon has worked with high profile clients in the global market such as IBM,

Scitex, Bezeq, Bank Discount, Bank Hapoalim, Bank Leumi, Israel Airospace Industries [IAI], and

QUALCOMM, Dor Energy, RAPAK and others. Mr. Solomon lectures in courses in academic and other institutes. David is

the author of various books including: "From Seed to IPO", "Business Planning in the Post Bubble Era", and "Biomedical -

from Research to Market, The Business Challenge". He has successfully worked with dozens of emerging companies and

is accredited with over a hundred winning business plans

SOLOMON CAPITAL GO TO AIM SERVICES SOLOMON CAPITAL comprises specialists who provide a broad range of services to companies LIKE TO CONSIDER Going public on AIM, including:

GO TO MARKET PREPARATION: Preparations for becoming a public company [Setting up Strategy, Firm Valuation...]

SELECTING THE BEST TEAM: Selecting the right market & advisory team [Broker, Nomad, Legal, PR...]

NIGOTIATING THE BEST DEAL: Deal negotiations to provide the lowest IPO expenses and Minimum Fixed Expenses.

CRISIS MANAGEMENT : Dealing with crisis that might arise during the IPO process


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The AIM AIM is the London Stock Exchange’s international market for smaller growing companies. A wide range of businesses including early

stage, venture capital backed as well as more established companies join AIM seeking access to growth capital.

Why AIM ….because you can…

For many Israeli based companies going public on AIM might be the optimal solution and some companies the only relevant solution

for fundraising. The AIM can offer you:

Funding - fundraising platform for small-mid cap companies

Reporting – less than Tal Aviv stock Exchange or NASDAQ.

Liquidity - A platform for trading and liquidity

Future dual listing - can be used as the best leverage for future dual listing on NASDAQ

Some Basic Facts

Admission Document (prospectus) is not reviewed by the LSE or the FSA

No minimum market capitalization

No trading record requirement

No minimum % of shares which must be in public hands

AIM company must have a Nomad at all times

AIM company must retain a broker at all times

Easy access for overseas companies


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The 2012 Statistics AIM Comparing to TEL AVIV STOCK EXCHANGE [AS OF 31/12/2012]

Note: SOLOMON CAPITAL targets: Israeli

AND Israeli based Companies with Market

Cap of $25-100m


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IPO’s during 2012

Note: During 2012 Not a single new company made its IPO on the Tel Aviv Stock Exchange!!!


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Going public on AIM

For which Israeli based company can the AIM be the Right Market Place?

Note: SOLOMON CAPITAL is targeting both the technology and the service companies


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The IPO Process and Roadmap

Note: the Time table is just for Illustration


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For more information please contact: David Solomon, [email protected], 972-508695450

mailto:[email protected]

GO PUBLIC ON AIM, might be the right solution for the right company: by david solomon solomon...

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