LightOn: over-allotment option fully exercised

(CercleFinance.com) - LightOn announced on Wednesday that the over-allotment option had been exercised in full in connection with its recent IPO, bringing the total size of the offering to 13.
5 million euros.

The specialist in generative AI for business, which was first listed on November 26, reports that the transaction resulted in the issue of 156.000 new ordinary shares at the offer price of 10.35 euros, representing an additional amount of 1.6 million euros.

Consequently, the number of shares offered in the IPO amounts to 1,306.000 shares for a free float that now represents around 21.2% of the capital.

LightOn's share price rose by more than 3% on Wednesday morning on the Paris Bourse following this announcement, giving it an increase of more than 38% since its IPO.

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