NAGA Group Sees Successful IPO on Frankfurt Stock Exchange

[kreslik.news]

NAGA Group AG has formally been listed on the Frankfurt Stock Exchange, following a successful initial public offering (IPO). The group was listed in the SME segment scale on the exchange with a total issue volume of $2.86 million (€2.51 million) and an initial price of ($4.1) €3.60 per share.

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NAGA Group’s inclusion represents the first company from Deutsche Börse’s Venture Network to be available for trading on the Frankfurt Stock Exchange. The Venture Network caters specifically to small and medium size enterprises (SMEs) seeking equity financing options. Today’s successful listing follows ... (read more)