The subscription period of the first three companies heading for the PX Start market of the Prague Stock Exchange ended today (15 May). Primoco, Prabos Plus, and Fillamentum introduced themselves to potential investors for the last time at a joint presentation, ending a period of 14 days during which investors could place orders to purchase shares in these companies.
The Czech National Bank has approved the prospectus of the Czech manufacturer of civilian unmanned aerial vehicles Primoco UAV SE. Primoco UAV develops, manufactures, and sells the One 100/150 UAV and the Primoco Engine 500 engine.
The Prague Stock Exchange will begin to better reflect the true structure of the Czech economy. Small manufacturing companies from various fields plan to offer their shares under the new regime. The main market now mainly trades in the shares of banks and energy companies. Newcomers will include, for example, a fast-growing manufacturer of cartridges for 3D printers.
While no new company has entered the main market of the Prague Stock Exchange since the arrival of Moneta Bank, small and medium-sized companies are interested in the new PX Start market. After Hub Ventures, an operator of coworking centres, and Primoco, a manufacturer of unmanned aerial vehicles, the footwear company Prabos will try to raise capital, too.
Hub Ventures wants to get at least CZK 50 million from investors next year. The operator of coworking centres will be the first company to be traded on PX Start, the new market of the PSE for small and medium-sized enterprises.
The Prague Stock Exchange (PSE) is opening a new PX Start (www.pxstart.cz) market for medium-sized Czech companies. For companies in the SME segment, this creates an opportunity to raise non-debt capital directly from investors under considerably simplified conditions corresponding to the capabilities of businesses in this category.
