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With a debut (considerably rising in comparison with the location value of 6.8 euros) of Next Geosolutions “heavyweights” within the return of the EGM. The prospect of the hypo market, which within the first 5 months of the yr additionally recorded a big lower within the record of SMEs with excessive potential, because of the liquidity drawback within the small a part of the cap.
The Euronext itemizing is the sixth admission because the starting of the yr within the Italian Stock Exchange market devoted to small and medium enterprises (none, up to now, within the giant market) and the fourteenth itemizing of 2024 in Euronext.
Founded on the finish of 2014 and a part of the Marnavi transport group, Next Geosolutions is a number one worldwide firm in investigative actions within the area of marine geoscience and supporting the development of offshore infrastructure within the power sector, with a selected give attention to renewable power. .
During the location section, the corporate raised 50 million euros, with out the attainable train of the over-allotment choice. In the occasion of the complete train of the over-allotment choice, the whole quantity raised will enhance to 57.5 million.
The free float on the time of admission was 13.4% (16% contemplating the complete use of the over-allotment choice) and the market capitalization on the IPO was equal to 290.6 million, the dimensions that makes it the corporate with the best capital EGM. Subscriptions in current days have greater than doubled the supply; this guide was created by nice Italian and overseas buyers with a long-term funding imaginative and prescient.