(Alliance News) - Execus Spa landed on Piazza Affari on Friday after a EUR900,000 raising in the IPO stage.

Execus is an innovative SME that assists and supports companies and freelancers in planning strategies for lead generation and lead management through the use of social networks - in particular, Linkedin -, either through consulting services, corporate sales training and LinkedIn presence or through campaigns aimed at integrating sales systems.

The free float at admission is 11.0 percent and the market capitalization at IPO is EUR8.4 million.

Andrea Stecconi, chief executive officer of Execus, said, "Execus, a leading player in the social selling industry, has achieved important goals, grasped external stimuli, and overcome countless challenges since 2019 to date thanks to the tenacity and insights of the founding partners. Today's listing on Euronext Growth Milan stands as the most prestigious of the milestones achieved so far and the strongest stimulus for the company to continue to grow not only organically but also through the tools offered by the public markets."

"I want to thank our team, our employees and the professionals who made this transaction possible as well as all the investors who, together with us, believed in us and whom we ask to support us in the coming years to continue to grow and achieve new challenging goals."

Execus' stock marks a theoretical rise of 50 percent.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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