The cost of listing varies with the amount of capital raised and the methodology. Most of the cost goes towards professional advisors, such as accountants, lawyers, marketing and public relations consultants, the sponsor and/or broker for the listing. Much of the cost would only be incurred towards the back end of the process, when there is certainty of success. Thus, costs can largely be paid out of the fundraising proceeds.
There are four types of fees:
The following calculator is for the NZX fees only, which are detailed in the NZX Issuer Fee Schedule.
Please note in addition to these fees, NZ RegCo charges on a time/cost basis for considering the listing application. Information about the rates charged by NZ RegCo can be found in section 6.3 of the Issuer Fee Schedule.