Izertis, S.A. announced that it expects to receive €4.9776 million in funding
November 17, 2020
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izertis, S.A. (BME:IZER) announced a private placement of 1.02 million common shares at a issue price of €4.88 for gross proceeds of €4,977,600 on November 18, 2020. The transaction included participation from institutional and private investors .The transaction was approved by board of directors. The company issued the securities in tranches.
Izertis SA is a Spain-based technology digital transformation company. It operates thorough seven segments: Digital Transformation (DXI), Digital Experience (DEX), Smart Software Labs, Business Solutions, Business Operations, Cybersecurity, Technological Infrastructure and Managed Services and Business Consulting, Project & Service Management. DXI specializes in blockchain, artificial intelligence, data science, Internet of things (IoT), computer vision or mixed reality. DEX specializes in creativity, user experience design, marketing and online sales. Smart Software Labs offers customizable software. Business Solutions offers technical consulting services. Business Operations provides outsourcing services. Cybersecurity, Technological Infrastructure and Managed Services covers related consulting and support services. Business Consulting, Project & Service Management offers related consulting services.