The company’s shares will be available under the stock ticker STKP. STK Properties is an investment vehicle set up by the STK Emergent investment fund.
STK Properties carried out a private placement of shares in March 2022, in which 40 investors participated. The company sold 1,552,300 shares, at a price of RON2.25 per share. The amount raised by the company for the sale of the shares – RON3.5 million – will be used for the development of a real estate project in Cluj-Napoca, until 2027. The anticipated market capitalization of the company is almost RON21 million.
The private placement and the listing were made with the support of BRK Financial Group.