(Finance) – Ordinary shares issued by Yakkyo, innovative SME which develops integrated software solutions for the dropshipping and wholesale sales process of third-party products, which has developed a suite based on artificial intelligence to assist its customers in online sales activities, have been admitted to trading on Euronext Growth Milan – Professional Segment (“EGM-Pro”), from Borsa Italiana, starting from Friday 29 December 2023.
Giovanni Conforti, President and CEO of Yakkyo: “After the fundraising and crowdfunding operations, which allowed the initial development of the Company, the listing on the stock exchange represents a strategic step for the development of Yakkyo. The quotation, in fact, it will allow us to accelerate our organic growth, consolidate our presence abroad and enhance our platform by making the most of the technological drivers linked to Artificial Intelligence. This will allow us to make dropshipping services and those related to the various business models in e-commerce increasingly efficient and of high value for our customers, thanks to an increasingly advanced level of automation. In parallel, we are committed to supporting sellers also on the digital marketing front by solving the most time-consuming activities, to allow them to focus on developing what makes their online business unique. From this perspective, we offer them the freedom to devote themselves to creativity, style and everything in which they are not substitutable, so that they can successfully develop the brand and give it a distinctive flavor.”
Yakkyo’s admission to trading on EGM-Pro took place without the placement of newly issued ordinary shares, thus constituting the first “just listing” operation on the Italian Stock Exchange. In the future, the Company will evaluate, also on the basis of market conditions, the opportunity to raise capital and move to the Euronext Growth Milan segment.
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