Luciano Maranzana, MD of Innovative Finance, the corporate advisor to Zamaz PLC (LON:ZAMZ) joins Proactive to talk about its direct listing on the London Stock Exchange last week.
Maranzana explains why this style of listing was chosen and why this route is advantageous for a firm of this type.
Zamaz’s funding structure includes an equity subscription element and a £15mln funding line known as a “PIPE” provided by US cornerstone investor, Atlas Capital.
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