Our Global Coordinator, Nicolò Scoditti, was a guest on The Gross Profit Podcast, interviewed by James Kennedy and hosted by ProcurementExpress.com, a leading platform for streamlining corporate purchasing processes.

The topic: Direct Listing

During the episode, the discussion focused on a highly relevant strategic subject: the direct listing.
This is an alternative to the traditional IPO, where a company goes public without issuing new shares and therefore does not raise additional capital. Instead, existing shares are made available to investors, offering greater flexibility while reducing the transaction costs.

This approach to accessing the capital markets is widely adopted in the United States, where it has been chosen by major global companies such as Spotify.

The role of Hybris Corporate Finance

Hybris Corporate Finance played a pioneering role in Italy, acting as financial advisor in the country’s first-ever direct listing, carried out by Yakkyo S.p.A.

Hybris Corporate Finance supported Yakkyo’s shareholders in drafting the information memorandum, the business plan, and the related book of assumptions.
This experience confirmed that, in specific contexts, a direct listing can represent an effective solution for innovative and fast-growing companies that want to gain visibility and liquidity on the market without further diluting their shareholder base.

Why listen to the episode

The Gross Profit Podcast episode offers a clear and practical overview of this listing method, highlighting the role that an advisor can play in supporting companies through complex and innovative transactions.

Where to watch the episode

The full video interview is available on all major streaming platforms (here’s the direct YouTube link).