SINGAPORE (Dec 9): Homegrown startup SportsHero is looking to list on the Australian Securities Exchange via a reverse takeover of Nevada Iron.

SportsHero aims to raise A$3 million ($3.2 million) by issuing 60 million shares at 5 cents each. The RTO has been approved by Nevada Iron shareholders and SportsHero anticipates trading to begin in December.

(See also: Fantasy sports app SportsHero scores US$2.4 mil funding on launch)

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