BULGARIAN STOCK EXCHANGE AD The initial public offering of Webit Investment Network (WIN) was an enormous success! The company, specially created to acquire property (shares) in the finalists of the Founders Games competition for growing companies, raised the maximum of nearly BGN 6 million with over 2.4 times oversubscribed shares at the auction today.
"We examined the 4th IPO reaching the maximum threshold of capital raised on the beam market. Investors' interest undoubtedly points to the necessity of a threshold increase.", commented Assoc. Prof. Dr Manyu Moravenov, Executive Director of Bulgarian Stock Exchange.
BSE admitted to trading a temporary issue of shares of WIN for the initial public offering of 5,588,000, as it is the #1 successful IPO on the beam market this year.
"We examined the 4th IPO reaching the maximum threshold of capital raised on the beam market. Investors' interest undoubtedly points to the necessity of a threshold increase.", commented Assoc. Prof. Dr Manyu Moravenov, Executive Director of Bulgarian Stock Exchange.
BSE admitted to trading a temporary issue of shares of WIN for the initial public offering of 5,588,000, as it is the #1 successful IPO on the beam market this year.
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BSE - Bulgarian Stock Exchange AD published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 13:21:10 UTC.
