“The financial results obtained were in line with the forecasts budgeted in the stock listing memorandum”, according to company officials.
In April 2021, Visual Fan issued 111,100 new shares (ticker symbol ALW) in a private placement closed on the first day and oversubscribed more than six times and in July 2021, the company started trading on the AeRO market of the Bucharest Stock Exchange.
At mid-October 2021, Visual Fan (Allview) shareholders approved a share capital increase by five free shares for each share held.
As of October 11, 2021, ALW shares have been included in BET-AeRO, the newest index of the Bucharest Stock Exchange.
For 2022, Allview aims to expand its portfolio of products, enter new external markets and open a new business line.
“The new business line targets the entry into the services market and the entire concept targets both the development of services for customers and hardware products integrated into this system”, said Lucian Peticila, CEO of Visual Fan SA (Allview).