Brief Summary from Prospectus
Halo Technologies IPO April 2022 at $1.20
HALO is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. HALO’s investment software solution offering can be divided into two integrated elements – HALO Global and HALO Trading.
At the core of the business is the flagship product, the HALO Global Research and Investment Software Solution (HALO Global), which offers investors access to global company data and analytical tools coupled with various trading interfaces.
The Company intends to grow its subscriber base in Australia and offshore, initially focusing on North America, the UK and New Zealand.
HALO currently generates revenue through three distinct streams. These are:
- Subscription sales
- Brokerage
- Management fees
Not held and no interest in researching any more after prospectus due major risks
- Operates in Highly competitive industry
- Industry operates is heavy regulated
- No moat