The biotech Aptorum Group lists on Euronext

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Paris – 24 July 2020 – Euronext today congratulated Aptorum Group Limited (ticker code: APM on Euronext and Nasdaq), a biopharmaceutical company focusing on the development of novel therapeutics to address unmet medical needs globally, on its listing in the professional compartment of Euronext’s regulated market in Paris. Listed on Nasdaq since 2018, Aptorum is joining Euronext’s strong biotech franchise, which is now composed of 62 companies.

Aptorum Group is a pharmaceutical company dedicated to developing and commercialising novel therapeutics to tackle unmet medical needs. To date, Aptorum Group has a therapeutic development pipeline of over 15 drugs, including indications in orphan diseases, infectious diseases and metabolic diseases, a number of which are targeted to enter clinical trial phases in the future. Aptorum Group is also launching a women’s health supplement, dioscorea opposita bioactive nutraceutical tablets, to be marketed under the brand name NativusWell ®.

With presence in multiple locations in North America, Asia and the United Kingdom, Aptorum Group has access to a broad spectrum of research and development capabilities, and human capital. Aptorum Group has also established strong relationships and collaborations with leading academic institutions to propel therapeutic innovations.

Aptorum Group Limited listed through the admission to trading of its 7,950,986 Class A ordinary shares*. The admission price of Aptorum Group Limited was set at around €3.22 per share, being the closing price of APM on 23 July 2020. Market capitalisation of the class A shares was approximately €25.6 million on the day of listing.

During the Euronext IPO ceremony, Darren Lui, President and Executive Director of Aptorum Group said: “We are proud to list on Euronext Paris, a new important milestone for Aptorum Group, after our successful listing on Nasdaq. Europe is a key market for our future developments. I am confident that the cross-listing, in addition to enhancing the shareholder base, attracting collaborations and raising the company’s global recognition, will also help us in expanding our footprint in Europe and offer us new business opportunities to engage in research and development projects.” 

*the Company’s issued share capital consists of 7,950,986 Class A ordinary shares and 22,437,754 Class B ordinary shares.

 

Caption: Darren Lui, President and Executive Director of Aptorum Group, and Sebastian Grabert, Business Development Manager Listing of Euronext, rang the bell to celebrate Aptorum’s listing.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.6 trillion in market capitalisation as of end December 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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