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Initial Public Offer

Airtasker Limited (‘Airtasker’ or ‘Company’) is Australia's leading online marketplace for local services, connecting people and businesses who need work done (‘Customers’) with people who want to work (‘Taskers’). Airtasker delivers a frictionless ecommerce experience for customers to buy local services and creates flexible working opportunities and income for Taskers.

Service industries currently facilitated by the Airtasker marketplace include everyday tasks such as handyman jobs, domestic cleaning and business administration, through to more complex work including architectural design, tax consultancy and legal advice, and many service industries in between. In addition, a range of new service industries have emerged on Airtasker that may not otherwise exist without the Airtasker marketplace including, for example, flatpack furniture assembly, date night planning and spider removal services.

Since inception, more than 4.3 million registered users have joined the Airtasker marketplace with over $1.1 billion in work opportunities being transacted through the platform. A new work opportunity is posted every 17 seconds. Morgans is the sole Lead Manager and Underwriter to the proposed Initial Public Offer.

Key details

Issuer: Airtasker Limited

Transaction: Initial Public Offer

Morgans Role: Lead Manager & Underwriter

Offer Price: $0.65

Offer Size: $83.7 million

Offer Opens: 19 February 2021

Offer Closes: Tuesday, 9 March 2021

Company website:

More information

If you have any questions about the Offer, please contact your Morgans adviser, call 134 226 or find your nearest office.

Download Prospectus

Airtasker shares are being offered only in Australia and the Prospectus will only constitute an offer to a person receiving it in Australia. Not for distribution, directly or indirectly, in the United States or to, or for the account or benefit of, US Persons, except in accordance with an available exemption from the registration requirements of the US Securities Act. The distribution of the Prospectus (including an electronic copy) in jurisdictions outside Australia may be restricted by law.

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