from LIGHTON
LIGHTON announces the end of the stabilization period, the full exercice of the over-allotment option and the implementation of a liquidity contract.
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Press release Paris, 10 December 2024
LIGHTON announces the end of the stabilization period, the FULL exercise of the Over-Allotment Option and the implementation of a liquidity contract
LightOn, a leading European player in generative AI for companies[1], announces the end of the stabilization period and the full exercise by Portzamparc of the Over-allotment Option in the context of its IPO on the Euronext Growth® Paris market (ISIN: FR0013230950, ticker: ALTAI-FR). This transaction results in the issuance of 156,000 additional new ordinary shares at the Offer Price of €10.35, representing a total amount of €1.6 million, increasing the size of the Offer to €13.5 million after the settlement-delivery of the additional new ordinary shares expected on 13 December 2024. As a result, the total number of shares offered in the initial public offering amounts to 1,306,000 shares and the free float now represents approximately 21.2% of LightOn’s share capital.
End of the stabilization period LightOn has been notified by Portzamparc, acting as stabilization agent in connection with the first admission to trading on Euronext Growth® Paris of LightOn's ordinary shares, that Portzamparc has carried out stabilization operations (as defined in Article 3.2(d) of Regulation (EU) No. 596/2014 (the "Market Abuse Regulation")) of the following securities:
The stabilization period, which started on 26 November 2024, ended on 10 December 2024. Pursuant to Article 6, paragraph 2, of the Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to regulatory technical standards concerning the conditions applicable to buyback programs and stabilization measures, LightOn, on the basis of the information provided by Portzamparc, is publishing in this press release the information relating to the stabilization activities carried out by Portzamparc as stabilization agent between 26 November and 10 December 2024 (included) :
The detailed list of operations is available on the LightOn website (https://investir.lighton.ai). This press release is also issued on behalf of Portzamparc pursuant to Article 6, paragraph 2, of Commission Delegated Regulation (EU) 2016/1052.
Breakdown of share capital and voting rights Following the initial public offering and the full exercise of the Over-allotment Option, the share capital and the voting rights of LightOn are distributed as follows (on a non-diluted basis) :
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