(CercleFinance.com) – Metavisio (Thomson Computing) has signed an engagement letter granting Riverside Management Group LLC, through its wholly-owned US brokerage subsidiary BCW Securities LLC, an exclusive fundraising mandate, in the prospect of a listing on the Nasdaq.
‘ This fundraising should allow the company to develop internationally and support the opening of a distributor in each country, knowing that it has established itself in 24 additional countries in addition to France. since early 2023,’ the company says.
The fundraising is expected to be done in two stages, with an initial capital raising expected to close before the end of the first quarter of 2023.
A second stage should be completed at the same time as the listing of the company’s shares on the Nasdaq market in the United States (which should take the form of a dual listing or a merger with a company already listed on the Nasdaq).
‘ A listing on the Nasdaq is expected to improve the company’s visibility to the public, the Wall Street analyst community, and retail and institutional investors worldwide, improve the stock’s liquidity, help the company fund acquisitions and its future growth, and increase shareholder value overall,” the company explains.