Artemis Halı’s IPO application approved

Artemis Halı

Artemis Halı public offering was approved by CMB with the bulletin announced today.

20,000,000 lots of the company, which will offer all of its 20,000,000 lots to the public by equal distribution method, will be managed by Info Investment Securities Inc.

After the CMB’s approval, it will start trading on the Stars Market.

The company will use 40-50% of the revenue after the IPO in machinery & equipment investment, rooftop solar power plant (GES) investment and digital transformation investments. 25% of the revenue will be allocated to the repayment of financial debts and 25-30% will be utilized as working capital.

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