Outdoorzy to debut on NewConnect
10:41
Polish sporting equipment and clothing distributor Outdoorzy will begin trading on the NewConnect floor of the Warsaw Stock Exchange, according to a Polish press report on Friday. The company will issue 2.5 million shares of series C stock, as well as 2.0 million shares of series B stock. Additionally, the company indicated that it will use the money raised to modernize its production facility and increase e-mobility for customers. “Marketing and [attracting] a greater interest in our brand, building trust among customers [and] making the company [more] transparent will establish a positive perception of us as a partner to customers,” Łukasz Golonka, a board member, said in the press release. Outdoorzy was established in 2013, with its primary shareholders being ABS Investment and Robinson Europe.
