These American tech companies are heading south to list. But why?


American technology companies are traveling to the other side of the world to raise a buck.

The underwater drone company Aquabotix is one U.S. startup eyeing the Australian Securities Exchange (ASX) as a venue to publicly list, rather than looking for venture capital at home. 

If successful, it will join 12 U.S. tech listings to take place in Australia since 2013. There’s fellow drone tech company Droneshield, which listed in 2016, as well as the troubled HR software startup, 1-Page in 2014. So why are they all heading south? 

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More about Ipo, Public Listing, Asx, Aquabotix, and Droneshield

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