(News Bulletin 247) – Euronext is today celebrating the IPO of Osmosun, a specialist in ‘low-carbon’ desalination solutions powered by solar photovoltaic energy without batteries, on EuronextGrowthParis.
This operation aims to support the company’s organic growth by strengthening its sales teams and deploying local structures.
Osmosun also aims through this operation to finance its investments in innovation as well as its external growth, in order to penetrate related markets and become a vertically integrated player in water treatment.
Osmosun was listed on the stock exchange by the admission on July 10, 2023 of 3,965,250 ordinary shares making up its capital and 1,533,332 new shares issued within the framework of a Global Offering.
The admission and issue price of Osmosun shares was set at 6.50 euros per share. The market capitalization was approximately 36 million euros on the day of the introduction. The IPO raised a total of 10 million euros.
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