- This brings to 17 the number of companies that have registered an Initial Access Document to this market
The Market Coordination and Incorporations Committee considers that INBEST GPF VI SOCIMI, and INBEST GPF VII SOCIMI, will meet the requirements to join BME Scaleup. There are now 17 companies that have registered an Initial Access Document (DIAM) on this BME market.
The Boards of Directors of INBEST GPF VI SOCIMI and INBEST GPF VII SOCIMI have taken as a reference for the commencement of trading of the shares a price of one euro per share, which represents a total initial market capitalization of the companies of 3.6 and 5 million euros, respectively.
The companies' Registered Advisor is Deloitte Auditores.
The main activity of these three companies is the acquisition and management of mixed-use real estate assets located in prime areas within the main cities of the Iberian Peninsula.
The Initial Market Access Documents for INBEST GPF VI SOCIMI and INBEST GPF VII are available on the BME Scaleup website, where full details of the companies and their businesses can be found.
This new BME market is aimed especially at scaleups, companies with a proven business model, in an accelerated growth phase for at least three years, with a minimum turnover of one million euros and/or an investment of at least that amount. This market, which offers the necessary transparency to investors and simplifies the incorporation requirements for companies, is also open to other types of companies such as SMEs, SOCIMIs or family businesses seeking a first contact with the capital markets.
Among the advantages of BME Scaleup for companies are its ability to boost growth with funds for financing, obtain greater prestige and brand visibility, the possibility of expanding its investor base, the boost to inorganic growth and greater ease of attracting and retaining talent.
To be listed on this market, a company must be a public limited company, have a board of directors, be accompanied by an advisor registered in the market and publish audited annual accounts. It will not be necessary to have a liquidity provider or to comply with a minimum free float.
BME Scaleup already has 14 Registered Advisors.
