HCFNews

Hybris Corporate Finance with Yakkyo S.p.A. in the Listing on EGM PRO
04/01/2024

Hybris Corporate Finance with Yakkyo S.p.A. in the Listing on EGM PRO - IPO Consulting

Yakkyo, an innovative SME specializing in developing software solutions for e-commerce sales processes, has recently made a significant step in its growth and market presence. The company has undertaken its listing on Euronext Growth Milan - Professional Segment (EGM PRO), a segment of the Italian Stock Exchange dedicated to high-potential growth SMEs and reserved for professional investors. This move represents Italy's first direct listing operation, a strategy that allowed Yakkyo to highlight the strategic value of stock market listing, distinct from the fundraising process. The admission to Euronext Growth Milan is scheduled for December 27, with the debut expected in the following days.

In the process of admission to trading on Euronext Growth Milan, Yakkyo was assisted by Integrae SIM as Euronext Growth Advisor, by Hybris Corporate Finance as Financial Advisor, and IPOCOACH as Co-Financial Advisor, 74 Advisory as Plan Advisor, by Lexjus as deal legal counsel, by RSM Società di Revisione e Organizzazione Contabile S.p.A. as auditing and advisor for DD finance, Tax, Management Control, by IRTop as consultant to the Company in Investor & Media Relations, and by Studio Tumolo as Payroll consultant.

Founded in 2016 in Rome by Giovanni Conforti and Carol Hsiao, Yakkyo has distinguished itself in dropshipping and wholesale, specializing in selling third-party products through its proprietary platform "Yakkyofy." The company acts as a critical intermediary between product suppliers, mainly from the Far East, customers who resell these products through e-commerce, and end-users.

Hybris Corporate Finance assisted Yakkyo's shareholders in drafting the information memorandum, the business plan, and the related book of assumptions.

"The recent listing of Yakkyo is a clear example of how innovation and strategic vision can converge into tangible market financial success. Giovanni Conforti, founder of Yakkyo, has demonstrated exceptional entrepreneurial ability, leading the company with an innovative approach that led to this historic listing," commented Nicolò Scoditti, Global Coordinator of Hybris Corporate Finance. "Furthermore, the collaboration with Virgilio Picca, CFO of Yakkyo, and the team at 74 Advisory was crucial in ensuring accurate management and analysis of the final data, which formed a solid basis for drafting an effective and reasonable business plan. This teamwork highlighted the importance of thorough analysis and strategic planning in the listing process."

This type of support emphasizes the importance of financial consulting for growing SMEs aspiring to expand their market presence and recognition. Hybris Corporate Finance continues to support companies in their growth and innovation journey.