Astrocast seeks direct stock listing as investors gain a fortune
Switzerland-based nanosatellite firm, Astrocast is seeking a mammoth 50 million Swiss franc ($54) in a private placement as it gears up for a direct listing on the stock market. Much to the delight of the investors, the company plans to list on one of Euronext NV’s exchanges for small and mid-sized companies. It is looking forward to the direct listing of 30 to 40 per cent of its shares in the third quarter.
https://futuresharks.com/astro....cast-seeks-direct-st