LightOn Concludes IPO Stabilization with Over-Allotment and Liquidity Boost

LightOn, a prominent player in the European generative AI sector, closes the stabilization period of its IPO. Portzamparc, acting as the stabilization agent, fully exercised the over-allotment option, enhancing the offer to €13.5 million. This includes the issuance of 156,000 new shares at €10.35 each, totaling €1.6 million, with settlement scheduled for 13 December 2024. Consequently, the public offering now comprises 1,306,000 shares, with a free float of about 21.2% of LightOn’s capital.

Additionally, LightOn signed a liquidity contract with Portzamparc for its ordinary shares on the Euronext Growth® Paris market. This contract, commencing on 11 December 2024, involves a €200,000 cash allocation to support market activities, aligning with the AMF's regulations and AMAFI's ethical standards.