Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Yakkyo S.P.A. ( (IT:YKY) ) just unveiled an update.
Yakkyo S.p.A. has completed the placement of 717,500 ordinary shares, sold by shareholder Zest Investments at €1.00 per share to institutional and professional investors via an accelerated bookbuilding process, increasing its free float to 36.26%. This enlarged free float allows the company to meet Euronext Growth Milan’s requirements for transferring its shares from the Professional Segment to the main Euronext Growth Milan market, a move that should enhance its visibility and broaden its investor base, while the formal appointment of Value Track SIM as Euronext Growth Advisor strengthens its capital markets support as it continues to position itself as a specialized AI-driven e-commerce infrastructure provider.
More about Yakkyo S.P.A.
Yakkyo S.p.A. is an Italian innovative SME operating in the e-commerce enablement and logistics technology sector. Through its proprietary Yakkyofy platform, the company manages global procurement, storage and shipping for e-commerce clients, providing integrated software solutions for dropshipping and wholesale sales, underpinned by artificial intelligence. Its R&D focus on AI has produced the Pandarocket.ai suite, which automates key online sales functions such as price and offer comparison, product content creation, image and video editing and marketing campaign management, aiming to simplify and optimize online retail operations across a catalog of over 21 million products.
Technical Sentiment Signal: Buy
Current Market Cap: €5.49M
For detailed information about YKY stock, go to TipRanks’ Stock Analysis page.