Initial public offering of Linus Digital Finance

Initial public offering of Linus Digital Finance Es soll an die Börse gehen. (Foto: Deutsche Börse AG)
Es soll an die Börse gehen. (Foto: Deutsche Börse AG)

The Berlin-based proptech announces that it will go public on the Frankfurt Stock Exchange by May 19. Previously, Linus Digital Finance had already issued shares to employees and investors, but the company is not releasing new shares with the IPO.

This IPO is not surprising. Back in February, proptech Linus Digital Finance rebranded itself as a public company and appointed notable people to its board of directors and supervisory board. Now the start-up announces to go public on the Frankfurt stock exchange. A corresponding securities prospectus has been filed with Bafin, the proptech said. Linus Digital Finance has been offering a real estate platform since 2018, through which smaller investors can also participate in construction projects. The proptech itself acts as an anchor investor.

"On the capital markets side, we are convinced that we will be able to finance our further growth in a more targeted and efficient way in the future," says CFO Frederic Olbert, who joined Linus Digital Finance from Goldman Sachs in February. Trading is scheduled to start on May 19.

Linus Digital Finance's founder is Alexander Samwer, one of the founders of Rocket Internet. Before the IPO, employees could buy shares for a price of 25.23 euros; the company is not issuing new shares with the IPO.

Alexander Samwer Börsengang Frederic Olbert IPO Linus Digital Finance Proptech
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Lisa Marie Münster
Lisa Marie Münster
11.05.2021

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Investor 2014 Berlin Rocket Internet Rocket Internet incubates, builds and operationally develops internet-based business models. It provides operational support to its companies and helps them scale internationally.

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