Euronext is today celebrating the IPO of Osmosun, a specialist in low-carbon desalination solutions powered by solar photovoltaic energy without batteries, on Euronext Growth Paris.

This operation aims to support the company's organic growth by strengthening its sales teams and deploying local structures.

Osmosun also aims through this operation to define its investments in innovation as well as its external growth, in order to penetrate related markets and become a vertically integrated player in water treatment.

Osmosun was floated on July 10, 2023, with the admission of 3965,250 ordinary shares and 1533,332 new shares issued as part of a Global Offering.

The admission and issue price of Osmosun shares was set at 6.50 euros per share. Market capitalization was around36 million euros on the day of the IPO. The IPO raised a total of10million euros.

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