ANTEOS alongside SPINDOX in the IPO process

  • Negotiations on AIM Italia Market began
  • The stock, on the first listing day, closed with a 17.33% increase compared to the placement price

06th July 2021, Turin – Milan

Spindox SpA (“Spindox” or “Company”), landmark company in the ICT (Information & Communication Technology) products’ market, aimed at digitalising and innovating corporate customers. Today, it made its debut on AIM Italia, a multilateral system of trading organized and managed by Borsa Italiana SpA.

The stock closed the trading session at 8.80 €, up by 17.33% compared to the placement price of 7.50 €. During the placement, the Company raised 7.05 M€, against a capitalization, at the start of trading, of 45 M€ and a free float of 18.19%. During the day, a total of n. 198,800 shares were traded, equal to an equivalent value of roughly 1.85 M€.

The listing proceeds will be used by the Company to support the development plan which foresees an organic growth on the domestic market by internal lines, growth by external lines, and consolidation of the historical sectors (Telco and Automotive) and greater coverage of those with broad growth prospects (Banking, Insurance and Energy).

In the listing process, Spindox was assisted by EnVent Capital Markets as Nominated Adviser and Global Coordinator, Anteos Capital Advisors acted as financial advisor, BDO as auditing firm, Pedersoli Studio Legale was sole legal counsel, TCFCT Studio Associato acted as corporate and tax consultant, Spriano Communication was communication advisor, Kt & Partners acted as Market Advisor and IR consultant. MiT SIM SpA acted as specialist operator.

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