London-based Rosenblatt is hoping to raise £43 million ($58.5 million) from its initial public offering, according to a new filing ahead of its listing next week on the AIM, a submarket of the London Stock Exchange.
According to a public stock exchange filing, the firm expects to raise the money based on the placing of 36,842,106 new ordinary shares and 8,421,053 existing ordinary shares at an issue price of 95 pence per share, giving Rosenblatt an anticipated market capitalization of approximately £76 million ($103 million).
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