India, May 21 -- innoscripta SE, a provider of a Software-as-a-Service solution in the application process for research & development tax credits and R&D project management inGermany, announced that it has set the final offer price for its initial public offering at 120.00 euros per share.
In total, about 1.82 million existing shares from the holdings of the founder & CEO Michael Hohenester and Co-CEO & CFO Alexander Meyer were placed in connection with the Offering, comprising about 1.58 million existing base shares as well as about 0.24 million existing shares provided by the Selling Shareholders in connection with the over-allotment option.
The total placement volume amounts to approximately 218 million euros, assuming full exercise of...