Outdoorzy to debut on NewConnect in Q4 2016
12:26
Spółka Outdoorzy, which sells clothing and sports equipment through an online store, has filed an application to start trading shares on the NewConnect market and plans to debut in Q4 this year, the company announced in a press release.
Through the issuing of series C shares, the company has raised funds totaling PLN 625,000, which it has earmarked for the expansion of its warehouse inventory. “The real impact of the funds obtained from the issuing of series C shares on the company's financial results will be visible in the fourth quarter of the 2015-2016 fiscal year and the first quarter of the 2016-2017 fiscal year," the company stated.
