Xpansiv CBL Holding Group Limited announced that it will receive its pre-IPO round on January 15, 2021. On the same date, the company has received its first tranche. The company has received $40,000,000 in the tranche. The tranche was led by Shaw and Partners Limited and included participation from existing strategic investors and prominent new Australian investors. The round was oversubscribed and increased from $35,000,000 to $40,000,000.