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EdgeLab lists on Euronext Growth Milan

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  • 21st listing of 2024 on Euronext Growth Milan
  • 52nd listing on Euronext in 2024
  • The company raised €3.5 million
  • Market capitalisation at IPO is €9.3 million

 

Milan – 30 December 2024 – Euronext today congratulates EdgeLab on its listing on Euronext Growth Milan.

 EdgeLab provides innovative solutions for underwater exploration, covering the entire operational cycle: from the design of Autonomous Underwater Vehicles (AUVs) to the development of advanced software for managing and controlling underwater operations.

EdgeLab’s listing represents the 21st listing this year on Euronext Growth Milan, Borsa Italiana’s market for small and medium-sized companies, and it is Euronext’s 52 nd listing of this year. 

In the placement phase, EdgeLab raised €3.5 million.

The free float at the time of admission is 10.69% and the market capitalisation at IPO is €9.3 million (figures calculated on the number of ordinary shares admitted to trading).

Michele Cocco, Chairman and CEO of EdgeLab, said: “EdgeLab's decision to list on Euronext Growth Milan represents a fundamental step in our history and a milestone that looks toward the future with determination. This choice is not only driven by the desire to grow and strengthen our presence in global markets, but also by the ambition to establish EdgeLab as a benchmark in technological innovation for the marine robotics and autonomous systems sector. Our development path is, first and foremost, an industrial operation: investing in innovation and human talent to make technology increasingly accessible and sustainable. But for us, it is also a cultural challenge. EdgeLab believes in a new business model based on creating shared value, where technology and sustainability coexist to address today’s global challenges, such as maritime safety and environmental monitoring. A company entering the stock market does so not only to raise capital but to expand, to develop, and to open new horizons. EdgeLab's listing symbolises a broader commitment: to continue innovating, collaborating with strategic partners, and proving that technology is not only a tool for economic growth but also a driver for a safer, more connected, and a more sustainable future. We are proud to represent Italian innovation in the markets and determined to carry forward our mission: turning ambitious ideas into concrete solutions, generating value for investors, for our clients, and for the entire technological ecosystem. I would like to thank everyone at EdgeLab, our partners, and the investors who believe in our project. Today, we are not just celebrating a listing; we are celebrating the beginning of an exciting new phase of our growth, with the responsibility and awareness of those who look to the future with confidence and ambition."

 

CONTACTS  

MEDIA – mediateam@euronext.com 
Europe    Aurélie Cohen  +33 1 70 48 24 45  mediateam@euronext.com  
Andrea Monzani  +39 02 72 42 62 13 
Amsterdam  Marianne Aalders  +31 20 721 41 33  amsterdampressoffice@euronext.com 
Brussels  Marianne Aalders  +32 26 20 15 01  brusselspressoffice@euronext.com 
Dublin  Andrea Monzani +39 02 72 42 62 13 

dublinpressoffice@euronext.com

 

Lisbon  Sandra Machado  +351 91 777 68 97

portugalpressoffice@euronext.com

 

Milan, Rome  Ester Russom  +39 02 72 42 67 56  italypressoffice@euronext.com 
Oslo  Cathrine Lorvik Segerlund +47 41 69 59 10  clsegerlund@euronext.com 
Paris, Corporate  Flavio Bornancin-Tomasella +33 1 70 48 24 45  parispressoffice@euronext.com 
Corporate Services  Coralie Patri  +33 7 88 34 27 44  parispressoffice@euronext.com 
       
ANALYSTS & INVESTORS – ir@euronext.com 
Investor Relations Aurélie Cohen  +33 1 70 48 24 17  ir@euronext.com 
  Judith Stein  +33 6 15 23 91 97  ir@euronext.com  

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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