BSX Approves Listing Of KompiTech Alliance
KompiTech Alliance Ltd. announced the listing of its 384,615,385 common shares on the Bermuda Stock Exchange.
A spokesperson said, “KompiTech Alliance Ltd. a provider of innovative IT service management solutions, is pleased to announce the listing of its 384,615,385 common shares on the Bermuda Stock Exchange [BSX]. This significant milestone marks a new chapter in KompiTech’s journey, enhancing its accessibility and visibility to investors globally.
“Founded to transform IT service delivery, KompiTech has achieved this through innovative technology platforms, establishing a robust presence across Europe. KompiTech is thrilled to announce its public listing, a milestone marking a significant step in the Company’s mission to revolutionize the IT industry, execute on its growth strategies and build on its industry leadership position.
“KompiTech’s operating subsidiaries, KompiTech GmbH and KompiTech s.r.o., were first established in 2013, focusing on delivering top-tier IT services primarily within the European Union. The Company’s innovative approach is exemplified by its FST [Field Service Tech] Platform launched in 2023.
“This platform is Europe’s first and only online marketplace for IT service management which encompasses a unified network of local IT technicians. By leveraging AI and automation, the FST Platform optimizes the process of sourcing and engaging IT professionals for on-site support and projects. This technology-driven marketplace not only enhances efficiency and reduces costs but also provides businesses with reliable, high-quality IT service solutions tailored to their specific needs.
“The public listing of the Company’s securities on the BSX is a strategic move to broaden KompiTech’s investor base and leverage the benefits of being listed on a globally recognized exchange. The BSX, renowned for its robust regulatory framework and investor-friendly environment, provides KompiTech an ideal platform to achieve its growth ambitions.”
“Leading KompiTech from day one, our team and I are excited about this pivotal moment,” said Greg Erhahon, CEO of KompiTech. “This public listing will accelerate our innovation pipeline and extend our global reach, delivering value to our shareholders and customers.”
The Company was supported by Alliance Group as partner and director. Alliance Group specializes in creating accretive shareholder value through strategic acquisitions and expert mergers and acquisitions advisory services. “We are thrilled to support KompiTech in their dynamic entry to the BSX, a pivotal step that will amplify their growth strategies and elevate their market presence,” said Anthony O’Leary, CEO of Alliance Group.
The spokesperson said, “The BSX welcomes Kompitech as its newest international equity listing to the BSX. said Greg Wojciechowski, President and CEO of BSX. International companies have numerous listing venue choices and we are delighted that Kompitech has chosen BSX and Bermuda as venues to further their business interests.”
The listing was sponsored by First Bermuda Securities Ltd., who played a crucial role in navigating the process and ensuring a successful listing. Kimberly Gibson, Chief Operating Officer of First Bermuda Securities, said, “FBS is delighted to have assisted KompiTech with the listing of its shares on the BSX. KompiTech’s choice to list in Bermuda is a reflection of the country’s commitment to playing a significant role in the world’s dynamic technology industry.”
