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€36 million raised – market capitalisation of €146 million
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108th listing on Euronext in 2021
Euronext today congratulates AMA Corporation Plc, developer of B2B software solutions for the smart workplace, on its listing on Euronext Growth Paris (ticker code: ALAMA).
As a pioneer in assisted reality solutions for frontline workers, AMA Corporation Plc supports players in industry, services and in the medical sector in their digital transformation. Under the brand name XpertEye, AMA Corporation Plc’s assisted reality platform addresses a wide range of use cases such as remote diagnostics, inspection, planning and workflow management and telemedicine. AMA Corporation Plc's secure remote collaboration solution is used in over 100 countries and the majority of AMA Corporation Plc's 400 customers are Fortune 1000 companies. By going public, AMA Corporation Plc intends to accelerate its growth, in order to continue and strengthen its research and development, and also to expand its staff by opening new international offices.
AMA Corporation Plc was listed through the admission to trading of the 22,120,022 shares making up its equity, of which 5,457,390 new shares were issued under a Global Offering[1], before the potential exercise of the over-allotment option.
The admission and issue price of AMA Corporation Plc shares was set at €6.60 per share. Market capitalisation was €146 million on the day of listing. The offering raised €36 million altogether, which could increase to €39.6 million in the case of the full exercise of the over-allotment option.
Christian Guillemot, Chief Executive Officer and co-founder of AMA Corporation Plc, said: “I would like to thank all the investors, both institutional and individual, who have joined us to support the digital transformation for professionals in the field. We have achieved our objective: we will have the means to strengthen our R&D and sales teams in France and abroad, benefit from our new visibility as a listed company, and be able to involve our employees in AMA's development. I am proud of the work accomplished by our teams throughout this entrepreneurial adventure and I thank them warmly for their constant commitment. We have the resources to conquer the assisted reality market for frontline workers and we will continue to pursue our business plan and our strong growth trajectory with confidence.”
