BigRep SE marked its entry into the public stock market with the IPO ceremony at the Frankfurt Stock Exchange.
Frankfurt, 31. Juli 2024 – In the bustling financial district of Frankfurt, we, BigRep SE, opened the trading day with a bell-ringing ceremony at the Frankfurt Stock Exchange. This marks our official entry into the public stock market with shares now trading under the ticker B1GR.
Getting to this point of the journey was paved by our strategic business combination with SMG Technology Acceleration SE, facilitated by our IPO sponsor, SMG Holding. Known for its focus on European SMEs, SMG Holding played a key role in listing BigRep on the public market. SMG Technology Acceleration SE has been renamed BigRep SE, with Dr. Sven Thate and Dr. Reinhard Festag stepping in as CEO and CFO, respectively.
The Iconic Bell Ringing Ceremony
The bell-ringing ceremony, a time-honored tradition in the financial world, took place in the main trading hall of the Frankfurt Stock Exchange. The event was attended by board members, investors, BigRep team members, and a host of financial analysts and media representatives as we debuted on one of the world’s leading stock exchanges.
The day began with a photo session at the stock exchange square by the legendary Bull and Bear statues followed by Dr.-Ing. Sven Thate’s speech on the stock exchange floor. This was followed by the bell-ringing ceremony that signaled the start of trading with media and journalists in attendance documenting the event.
Dr.‐Ing. Sven Thate, CEO of BigRep said in his speech,
“Going public allows us to think bigger and pursue our buy-and-build strategy. We see great growth and synergy opportunities by expanding inorganically. The current market conditions will only increase consolidation pressure, giving us a chance to use our public listing to benefit our shareholders.”
The Significance of the Ceremony
Listing on the Frankfurt Stock Exchange provides us with more visibility and access to a broad base of international shareholders, fueling our ambitious expansion plans of innovating with new technologies and advancing our Additive Manufacturing product offerings.
The Frankfurt Stock Exchange, known for its stringent listing requirements and robust regulatory framework, provides a platform that ensures transparency, investor protection, and efficient trading, aligning us with the highest standards of corporate governance.
From Inception to the BIG Public Listing
Founded in 2014, BigRep is an industry leader in large-format FFF 3D printers which includes the whole spectrum of low to high-temperature machines engineered in Germany and Austria. Our offerings include verified 3D print materials, intuitive software, an e-learning platform, application engineering, superior customer service, and comprehensive training to set our customers up for success with every 3D print.
We launched 3 large-scale machines this year - 2 high-temperature 3D printers from the HAGE3D acquisition – the ALTRA 280 and IPSO 105, and our most automated 3D printer yet, the VIIO 250. Today our clientele spans from industry giants like Ford, Deutsche Bahn, Canyon, and Airbus, to educational institutions, research institutes, and start-ups
A BIGger and Brighter Future Ahead
The bell-ringing ceremony at the Frankfurt Stock Exchange is the beginning of a new chapter for us at BigRep. As we embrace the new opportunities of being a publicly traded company, we continue to dream BIG, innovate BIGger, and look forward to achieving the BIGgest milestones for our team members, customers, investors, and shareholders.
For more information, visit https://bigrep.com/investor-relations-auth/
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