Cristian Gavan, the founder and majority shareholder of MAM Bricolaj, previously told Ziarul Financiar (ZF) about the company’s planned stock market listing.
“We plan to list on the stock market in order to attract the capital needed for the company’s development. Our business model proves profitable and scalable. We seek to sell 25% of the company’s shares (…) and to attract EUR2 million via the stock market listing,” Cristian Gavan told ZF in late June 2020.
In September 2020, Tradeville closed early a private placement of shares at the maximum price of the Offer of RON20 per share. The placement was closed in just 3 minutes, with an oversubscription rate of 76%, whereby the company attracted RON8.5 million from investors, for further investments.