Patent AU-2021107378-A4 (AU)
Title: System, Program, and Method for Executing Capital Raise Transactions
Inventor: DATT EMANUEL AJAY
IPC: G06Q40/04
Filed: 2021-08-25
Granted: 2021-12-23
Abstract: Capital Raise 
ABSTRACT 
A system program and method for transacting listed stocks. Including: maintaining a user 
registry of user accounts, the system providing remote access to each user account via an 
5 authentication process, via which remote access a user of the user account accesses 
functionality including purchasing and trading listed stocks, wherein, the user registry includes 
a user history for each user account, detailing at least a value, date, and listed stock identifier, 
for historical listed stock purchases and listed stock trades by the user account; maintaining a 
capital raiser registry of capital raiser accounts, the system providing remote access to each 
.0 capital raiser account via an authentication process, via which remote access a capital raiser 
of the capital raiser account accesses functionality including submitting a bid to the system to 
raise capital funds via a sale of a particular listed stock via the system to the users of the user 
registry. The system further comprising receiving plural bids to raise capital funds via a sale 
of a respective particular listed stock or stocks from the capital raiser accounts of the capital 
.5 raiser registry, each bid detailing at least a total value of the particular listed stock to sell via 
the sale, a price per stock at which the particular listed stock is to be sold, an expiration date 
of the sale, and a commission to be paid to an operator of the system on condition of sale of 
the total value of the particular listed stock to the users of the system via the system by the 
expiration date; executing a ranking algorithm to rank the plural bids based on the bid details 
o including one or more from among: the commission; the total value, the price per stock relative 
to a listed price for the stock, and the expiration date, to determine a top-ranked bid or bids 
from among the plural bids. For each top-ranked bid: executing a selection algorithm to select, 
based on the user histories included in the user registry and based on the bid, a subset of the 
users of the user registry to which to broadcast an offer to purchase the particular listed stock 
25 according to terms including the price per stock and the expiration date; broadcasting the offer 
to the selected subset of users; receiving, from the selected subset of the users and before 
the expiration date of the top-ranked bid, responses to purchase the particular listed stock 
according to the terms of the broadcast offer; and executing transactions to transfer the 
particular listed stock from the capital raiser of the capital raiser account from which the top
30 ranked bid was received, to the respective user accounts according to the responses and up 
to a total value of the top-ranked bid.  
[FIGURE 1] 
37
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Maintaining user 
registry 
S201 
Maintaining capital 
raiser registry 
S202 
Receiving plural bids to 
sell particular listed 
stock 
S203 
Executing a ranking 
algorithm to rank the 
plural bids 
S204 
Executing a selection 
algorithm 
S205 
Broadcasting the offer to 
selected subset 
S206 
Receiving responses to 
purchase 
S207 
Executing transactions 
of the particular listed 
stock 
S208 FIGURE 2