ID-ENTITY, MarTech Content Factory active in the production of omnichannel content, has received from Borsa Italiana the notice of admission to trading of the ordinary shares and of the “ID-ENTITY 2021-2024 Warrants” on the AIM Italia market. The company successfully concluded the placement of its own ordinary shares with total deposits of € 2,873 million (including the over allotment option for € 374 thousand) against a demand equal to approximately 4.5 times the offer by primary Italian and foreign institutional and professional investors. The price for each share is set at € 1.70. On the basis of this price, a post money market capitalization of approximately € 12.699 million is expected (Equity Value).
The free float of the post-listing company will be 23.03% of the share capital (25.97% assuming the full exercise of the greenshoe option).
The start of trading is scheduled for Tuesday 6 July 2021.