Sucessful IPO for Lighton on Euronext Growth® Paris!

LightOn (www.lighton.ai) a leading European player in generative AI for business, announces the resounding success🎉 of its initial public offering on Euronext Growth Paris.

Portzamparc Groupe BNP Paribas acted as Sole Global Coordinator, Lead Manager, Bookrunner and Listing Sponsor of the transaction.

Details of the transaction: 

• Capital increase of €11.9 million after exercise of the Extension Clause, which may be increased to €13.5 million if the Over-Allotment Option is exercised in full (the “Offer”).
• Overall demand of €15.2 million, i.e. an oversubscription rate of 1.5 times 
• Individual investor demand of €8.9m 
• Market capitalization of around €62 million (before exercise of the Over-Allotment Option) 
• Settlement/delivery scheduled for November 25, 2024 
• 🔔Start of trading on Euronext Growth® Paris on November 26, 2024
• 1st and only Small & Mid Caps IPO in France in 2024 and in generative AI in Europe.