Companies
Irish cybersecurity firm valued at €42.7m after listing in London
Cork’s Smarttech247 lists on AIM exchange following direct IPO after rejecting reverse takeover plan
Smarttech247, a Cork-based cybersecurity company, has been admitted to London’s Alternative Investment Market (AIM) after raising £3.67 million (€4.26 million) in a placing that gives the firm a market capitalisation of £36.8 million (€42.7 million).
The company was admitted to the exchange on Thursday after placing 12,385,828 new ordinary shares at 29.66 pence per share.
Founded by Ronan Murphy in 2008, and now led by Raluca Saceanu, Smarttech247 services target proactive prevention for clients ...
