The German-British startup SatoshiPay prepares to become a public company traded on the alternative investment market (AIM) at the London stock exchange.
📢 SatoshiPay getting ready for the IPO in London 📈 https://t.co/p2hjgY8o2B
— SatoshiPay (@SatoshiPay) 26 on July 2018 R.
To achieve this goal, the startup plans this year to conduct an initial public offering (IPO). Also as part of the pre-IPO the company has managed to attract €566 thousand from captainvalor Daniel masters.
According to representatives of the SatoshiPay, this step will allow the company to attract “big money” from institutional investors.
“This is a huge step for SatoshiPay and I am extremely proud that I founded in 2014 the startup has grown into a company which, thanks to the support of an amazing team and a fantastic investor gets closer to the stock market”, — said CEO SatoshiPay Meinhard Benn.
Benn also added that more recently, he “wrote a few lines of code on the kitchen table in his Berlin apartment.” At that time he had no idea that his project will achieve such results.
Also, the blog reported that SatoshiPay signed an agreement with AIM-traded investment company Blue Star Capital (BSC). The latter received the exclusive right to purchase all of the shares SatoshiPay until October 2018.
Thus, the planned reverse takeover of a private company SatoshiPay public company BSC. The result SatoshiPay will become a public company, whose shares are traded on the stock exchange.
Note that Blue Star Capital 2017 SatoshiPay is an investor and currently owns a 30.1% stake in the company.
We will remind, earlier ForkLog published an interview with the head SatoshiPay by Meinhard Benn, who spoke in detail about the current status of the project, and plans to launch a legal stable coin under the supervision of the French Bank Tempo
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