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on XTPL S.A. (isin : PLXTPL000018)

XTPL Initiates Bookbuilding for Series X Shares

XTPL S.A. (WSE:XTP), a pioneer in nanoprinting technology for next-gen electronics, is advancing with a bookbuilding process for its series X shares through a private placement. The process, targeting up to 300,000 series X shares, runs until November 26, 2024. Significant shareholders can maintain their stakes, with CEO Filip Granek confirming his participation. Trigon Dom Maklerski S.A. handles the bookrunning.

The company plans substantial investments of PLN 60 million by 2026 to bolster production and R&D. XTPL aims for commercial revenues of PLN 100 million by 2026, with the series X shares issue completing its investment process. The firm boasts clients worldwide and eyes expansion of its DPS+ product line, enhancing its market footprint.

XTPL operates in printed electronics, a sector valued at USD 51 billion in 2022, projected to reach USD 66 billion by 2026. This growth underscores XTPL's strategic efforts to lead in advanced electronic solutions.

R. H.

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