Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

First Initial Access Document On BME Scaleup From REDEGAL

Date 17/10/2024

 

  • The company, which comes from the Pre-Market Environment, is the twentieth company to register an Initial Access Document with BME so far this year

The Market Coordination and Incorporations Committee considers that REDEGAL will meet the requirements to join the BME Scaleup trading segment. It is the twentieth company to join this BME market.

The reference price of the shares will be taken from the capital increase to be carried out by the company and will be communicated in an addendum to the Initial Access Incorporation Document of BME Scaleup.

The company's Registered Advisor is DCM Asesores, Dirección y Consultoría de Mercados, while GPM Gestión de Patrimonios Mobiliarios Sociedad de Valores will act as Liquidity Provider.

REDEGAL fits in with the philosophy of BME Scaleup, BME's marketplace aimed primarily at companies in an early stage of development with a proven and scalable business model that wish to boost their growth through the capital markets. Since December 2021, she has participated in BME's Pre-Market Environment (EpM) training and networking programme. Before it, eight other companies have made the leap from the EpM to BME's expanding markets.

The REDEGAL Group, with a presence in Spain and Mexico, specialises in providing digital services to clients for the development of their online sales channel, combining technology and digital marketing.

The Initial Public Offering Document of REDEGAL is available on the BME Scaleup website, where all the information related to the company and its business 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.