The placement, conducted between December 5 and 11, got 81 subscriptions for 748,341 shares at a price of RON7 per share. Out of these, 469,011 shares were subscribed above the RON105,000 threshold, which allowed eligible investors to get a 5% discount to the final price of the private placement.
“The successful completion of the private placement marks a moment when investor confidence meets our long-term vision (…),” said Liviu Sima and Stefan Axinte, IT Genetics co-founders.
(English version by Loredana Fratila-Cristescu)