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€36 million raised – market capitalisation of €146 million
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108th listing on Euronext in 2021
Paris – 2 July 2021 – Euronext today congratulates AMA Corporation Plc, developer of B2B software solutions for the smart workplace, on its listing on Euronext Growth Paris (ticker code: ALAMA).
As a pioneer in assisted reality solutions for frontline workers, AMA Corporation Plc supports players in industry, services and in the medical sector in their digital transformation. Under the brand name XpertEye, AMA Corporation Plc’s assisted reality platform addresses a wide range of use cases such as remote diagnostics, inspection, planning and workflow management and telemedicine. AMA Corporation Plc's secure remote collaboration solution is used in over 100 countries and the majority of AMA Corporation Plc's 400 customers are Fortune 1000 companies. By going public, AMA Corporation Plc intends to accelerate its growth, in order to continue and strengthen its research and development, and also to expand its staff by opening new international offices.
AMA Corporation Plc was listed through the admission to trading of the 22,120,022 shares making up its equity, of which 5,457,390 new shares were issued under a Global Offering[1], before the potential exercise of the over-allotment option.
The admission and issue price of AMA Corporation Plc shares was set at €6.60 per share. Market capitalisation was €146 million on the day of listing. The offering raised €36 million altogether, which could increase to €39.6 million in the case of the full exercise of the over-allotment option.
Christian Guillemot, Chief Executive Officer and co-founder of AMA Corporation Plc, said: “I would like to thank all the investors, both institutional and individual, who have joined us to support the digital transformation for professionals in the field. We have achieved our objective: we will have the means to strengthen our R&D and sales teams in France and abroad, benefit from our new visibility as a listed company, and be able to involve our employees in AMA's development. I am proud of the work accomplished by our teams throughout this entrepreneurial adventure and I thank them warmly for their constant commitment. We have the resources to conquer the assisted reality market for frontline workers and we will continue to pursue our business plan and our strong growth trajectory with confidence.”
Caption: Christian Guillemot, Chief Executive Officer and Co-founder of AMA Corporation Plc, rang the bell during a ceremony this morning together with his team and Camille Leca, Head of Listing France at Euronext, to celebrate the Initial Public Offering of AMA Corporation Plc.
About AMA Corporation Plc Whereas most collaborative working tools quickly reach their limits once outside the office space, AMA Corporation Plc allows experts to work remotely with frontline workers using a secure software platform associated with video tools perfectly tailored to each business. With nearly seven years’ experience in remote assistance solutions, AMA Corporation Plc helps industry and service providers of all sizes, as well as medical establishments, to accelerate their digital transformation. Deployed in more than 100 countries, AMA Corporation Plc’s assisted reality platform, XpertEye, addresses a wide range of use cases such as remote diagnostics, inspection, planning and workflow management. Its unique solutions for remote interactive collaboration enable companies and institutions to increase productivity, speed up resolution times and maximise uptime. AMA Corporation Plc is a fast-growing company with offices in France, Germany, Romania, the United Kingdom, the United States, Canada, and China (including Hong Kong). AMA Corporation Plc has Corporation Plc a global presence and works across all time zones to forge close relationships with its clients wherever they are. AMA Corporation Plc is listed on Euronext Growth Paris (GB00BNKGZC51 – ALAMA). For more information, visit www.amaxperteye.com.
[1] The Global Offering was made up of a Public Offering that included an Open Price Public Offering and a Global Placement with institutional investors in France and other countries.