A highly successful IPO for Osmosun on Euronext Growth Paris.
☀️🌊OSMOSUN®, a leading provider of solar-powered solutions for the desalination of seawater and brackish water, announces the successful completion of its initial public offering on the Euronext Growth market in Paris.
Portzamparc Groupe BNP Paribas acted as Global Coordinator, Joint Bookrunner and Listing Sponsor of the IPO.
👉 Details of the transaction: - Capital increase of €10.0 million after full exercise of the extension clause - 2.7 M€ of debt compensation included in the capital increase - Share price set at €6.50 per share - Total demand of €13.6 million, i.e. 1.6 times oversubscription of the initial offer - Total amount of the transaction may be increased to €11.5 million if the over-allotment option is exercised in full, of which €10.7 million in the form of a capital increase. - Market capitalization of 36 M€ before exercise of the over-allotment option - Start of trading on Euronext Growth® Paris on July 10, 2023
