Tokushev and Partners has advised on Bee Smart Technologies' initial public offering of shares on the Beam growth market of the Bulgarian Stock Exchange. The First Financial Brokerage House acted as lead broker on the deal.
"Bee Smart Technologies raised the planned amount of BGN 1.2 million in its initial public offering on the Beam growth market of the Bulgarian Stock Exchange," the firm announced.
According to Tokushev and Partners, "from July 20, 2022, on until registration of the capital increase in the Trade Register, on the Beam SME Growth Market shall be traded a temporary rights issue on the subscribed shares, with ticker BEE1."
Bee Smart Technologies is a Bulgarian beehive-monitoring cloud-based technology developer.