Zortrax Raises USD 11 Million for Further Development

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Zortrax Raises USD 11 Million for Further Development

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In the recent weeks, Zortrax conducted a private offering of shares of series D, which met great interest in the market and resulted in over 3-fold declared demand for the offered shares. Eventually, the company decided to sell all the shares in this series to a single long-term investor. The consortium of Polski Dom Maklerski, Dom Maklerski Vestor and IPO Doradztwo Kapitałowe conducted the transaction.

Through this transaction, we acquired a stable, trusted shareholder. The new capital will be, without a doubt, used to accelerate the business development and enhance the market position of Zortrax

– comments Rafał Tomasiak, CEO of Zortrax

Despite the difficult situation on the capital market the Zortrax offer ended with a great success. This shows that for the largest players in the market, a company such as Zortrax – dynamic, innovative, modern and with a sustainable growth ratio – is an extremely attractive investment target

– adds Szczepan Dunin-Michalowski, CEO of Polski Dom Maklerski.

Thanks to the transaction, Zortrax obtained funds for R&D, development of new products, marketing, and possible acquisitions. The company has secured funding for further development, including the expansion into further markets and commercialization of new models of 3D printers.

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