(Tiper Stock Exchange) – Deodato Group is ready to land in Piazza Affari with a capitalization of approximately 15.7 million euros, after having collected almost 2.2 million euros through the issue of 4,299 thousand newly issued shares at a price of 0.50 euros each (at the lower limit of the range of 0.5-0.6 euros identified above), for a free float of at 13.72%. The admission to trading by Borsa Italiana is expected today.
Founded in 2010 by Deodatus Salafia, the group operates in the world of contemporary art, with the main focus in the segment of street art and pop art. He is active with the Deodato Arte, Wunderkammern Gallery, Deodato.Tech and Love Spot Galleries brands, operates more than 10 galleries in Italy and Europe, as well as a space in the metaverse.
After admission the capital will be controlled by Qwerty SA (company attributable to the chairman and managing director Deodato Salafia) for the81.97% and by five other shareholders for 4.31%. The listing process is managed by Integrae SIM (which plays the role of Euronext Growth Advisor).