Verallis S.A. lists on Euronext Growth Athens

Verallis S.A., a company specializing in cost management and operational improvement, has officially listed its shares on the Euronext Growth market in Athens under the ticker VRLS.

The company utilizes artificial intelligence and specialized expertise to help private businesses and public sector organizations achieve measurable financial results by converting expenditure and operational data into cost-reduction opportunities. Verallis employs a success-based fee model, aligning its compensation with the actual resource savings achieved for its clients.

The initial public offering involved 4,150,000 common shares at an issuance price of €0.95 per share, resulting in a market capitalization of €3.94 million on the day of listing. Giorgos Dimopoulos, Chairman and CEO of Verallis S.A., stated that the listing serves as a starting point for the company's next stage of growth, aiming for greater scale and transparency with a European outlook.