Group 1 - Trigg Minerals (ASX:TMG) is in the process of listing on NASDAQ, expecting to complete this within the next 5 months [1] - The company has decided on a "mainboard" listing after reviewing offers from SPACs [1][2] - Trigg plans to list American Depositary Receipts (ADRs) overseas, although it has not yet determined if it will raise capital in connection with the NASDAQ listing [2] Group 2 - A dual-listing on NASDAQ would provide Trigg access to the largest and most liquid capital market globally, potentially increasing interest and investment from U.S. investors and institutions [3] - Tribeca Investment Partners (TIP) has invested a total of $7.5 million in Trigg through placements, with a recent $2.5 million investment following a $5 million placement in September [3] - Trigg's Chair, Timothy Morrison, expressed optimism about the company's participation in the resurgence of North American industrial and supply-chain investment [4]
Trigg heading off to NASDAQ ‘in 5 months’; Tribeca further invests $2.5M via placement