2CRSI is pleased to announce the resounding success of its initial public offering on the Compartment C of the regulated market Euronext in Paris (“Euronext Paris”).
The initial public offering will allow the Company to carry out a capital increase of €43.7m after the extension clause is exercised in full, which may be increased to €50.3m if the over-allotment option is exercised in full. At its meeting today, the Board of Directors set the initial public offering price at €8.75 per share, as middle of the indicative price range.
“We are very pleased with the resounding success of our initial public offering, which makes it the largest since the beginning of the year on the Euronext regulated market in Paris. A total of more than 80 French and European institutional investors, as well as a large number of individual shareholders, have placed their trust in us by investing in 2CRSI, a technology group at the heart of the data revolution, on a path of very profitable growth. I would also like to thank all of my teams, without whom none of this would have been possible,” comments Alain Wilmouth, CEO and co-founder 2CRSI.