Gismondi 1754 arrives on the Stock Exchange
Gismondi 1754 prepares for listing in Piazza Affari: the negotiation leading to admission on Aim Italia is anticipated by, explains a note, a capital increase for a maximum of 5 million euros, a pre-money valuation of the company between 8 and 10 million, a price range between 3.2 and 4 euros and a free float up to 45.45%.
In addition, a free assignment of 1 warrant is granted for every 4 ordinary shares issued. The placement has started on December 2nd and will end on the 9th of the month, except for extension or early closure: "The stock exchange will allow us to recover the capital needed to expand the Gismondi 1754 brand internationally and bring our conception of exclusivity 'and' lifestyle provider 'around the world.
We are growing in a harmonious and sustainable way, around 12% a year, and with the IPO we are confident that we will be able to give a strong impetus to the planned development plans, "CEO Massimo Gismondi told the press.