E-commerce syndicator Icecat passes the minimum share subscription level at Dutch NPEX

Avatar for Gloria Serafini
By
marathon

After just 60 days since its IPO announcement, Icecat has reached the minimum subscription level of digital receipts (of 2.5 million euro) at the Dutch online SME stock exchange NPEX. At the time of writing, subscriptions have passed 3.9 million euro.

“We are very happy to have reached this milestone. Icecat is a profitable and rapidly-growing company, working with the top players in the ecommerce sector” says Icecat CEO, Martijn Hoogeveen.

minimum subscription level

It is possible to subscribe to digital receipts of new shares in Icecat N.V. at NPEX until the 10th of February 2017, as stated in the documentation (Brochure and Prospectus).

Why is Icecat raising capital? Icecat sees many opportunities for further growth in product data for toys, health & beauty, Do-It-Yourself and grocery items. Furthermore, Icecat will invest in its sales offices, improving its product information management system and acquire local competitors.

Icecat CEO interviewed by leading Dutch magazine Elsevier in its Christmas issue
Icecat’s IPO has received a lot of media attention in the Netherlands. The magazine “Elsevier” dedicated a full page within its Christmas special edition to the interview of Martijn Hoogeveen (Icecat CEO), who presents the company’s strategies and IPO.

Elsevier Xmas edition

Further, the Youtube channel TrendWatcher.TV by Richard Lamb has hosted CEO Hoogeveen for an interview on the same topics. Click here to listen to the interview.

Source featured image: https://www.freeimages.com/photo/marathon-1-1244321

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