Technology company that provides cloud solutions in the CPaaS (Communication Platform-as-a-Service) model, Vercom, is finalizing the prospectus procedure and is preparing to launch the initial public offering.

“The scale of our business is growing very fast. We believe that we are ready to become an independent company on the stock exchange. We hope to release the value of Vercom, both on the part of our Group and the main shareholder of R22. Entering the stock exchange will involve, among others with a new issue, thanks to which we will be able to scale our business even faster and strengthen the position of the Vercom Group,” Krzysztof Szyszka, president of the board of Vercom, said.

Vercom's debut will be related to the issue of new shares and the partial sale of shares by the current shareholders. Majority shareholder R22 does not intend to participate in the offering and will keep its shareholding. Details of the offer will be made available in the prospectus after its approval by the Polish Financial Supervision Authority.

Vercom creates global cloud communication platforms (CPaaS) that enable companies to build and develop lasting relationships with their recipients through multiple communication channels. The Group's solutions help clients and partners overcome the complexity of communication, automate it and scale it up while maintaining high deliverability and efficiency. The clients of the Vercom Group include entities from various sectors of the economy, with the majority of e-commerce companies and those offering services supporting the e-commerce ecosystem, including logistics, electronic payments, digital marketing.

(WBJ)