Euronext welcomes its newest addition to its European Tech SME initiative with the listing of the Italian company, Media Lab.
Paris – 23th March 2018 – Euronext today announced the listing of the dental technology company, Media Lab, on Euronext ACCESS.
Milan-based Media Lab was founded in 1994 with the goal of providing pioneering technology in the dental sector. Leaders in innovation, Media Lab offers guided implant systems, surgical guides and three-dimensional cephalometric analysis software. Its bilingual call center provides a professional after-sale service, which has enabled Media Lab to foster a valuable andcollaborative relationship with its customers, while ensuring constant and dedicated technical support.
Media Lab’s listing follows Euronext’s aim to assist tech companies in developing their business on a larger scale through capital markets. Euronext is the primary venue for Tech SMEs in Europe with more than 330 listings, representing a total market capitalisation close to €70 billion, and over 750 active tech investors.
Dr. Massimo Ivani, CEO of Media Lab, said: “It is with pleasure and pride that we share this important milestone of our company's growth in the field of dental diagnostic software and management software. By listing our company, we will be better equipped to meet future challenges and opportunities, while retaining our characteristically rigorous research activity and attention to detail. Looking ahead, we hope to develop our competitiveness, reiterate our corporate values and thank our customers without whom we could not have arrived at this point. ”
Media Lab (ticker symbol: MLLAB) was listed through the admission to trading and direct listing of 2,370,000 ordinary shares on 23rd March 2018, at a fixed price of 3.43 euros per share. The company’s market capitalisation on the day of its listing was 8,129,100 euros.
Euronext ACCESS is a gateway market for companies seeking simplified access to listing and improved visibility. It is open to companies of all sizes, maturities or industries.