Peloton Capital acted as Lead Manager for the Initial Public Offering (IPO) of Kaiser Reef Limited. Kaiser Reef Limited received commitments of well in excess of the $4.5 million raised through the successful listing of the Company. 22,500,000 fully paid ordinary shares were issued at 20c. Kaiser Reef Limited confirmed that all conditions precedent to the public offer under the Company’s prospectus dated 28 January 2020 were satisfied.