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Our innovative solution revolutionizes convenience store and pharmacy operations. Our solution focuses on reducing daily business costs. We challenge issues like labor shortages, high operational costs, and inefficient logistics. We also address food waste, scaling challenges, rent costs, real-time data utilization, and sustainable practices like CO2 neutrality.  
 

Our innovation lies in autonomous store technology, optimizing operations through IoT data. 

Results of the initial public offering of Grab2Go AS shares

The initial public offering of the shares of Grab2Go AS (registry code 16014547 hereinafter Grab2Go) ended on 6th June 2023.

Up to 992,000 shares were publicly offered, whereas Grab2Go reserved the right to increase the number of shares on offer by 10% up to the total of 1,091,200 shares.  During the offering, 872 investors subscribed for a total of 282,991 shares for EUR 342,419.11, meaning that the planned volume of the offer was not filled.

“Despite the lower-than-expected capital raised, we continue to move towards our strategic goals at a more leisurely pace. Cooperation with customers is ongoing and we hope to bring positive news soon. We thank all investors who have contributed to our company - our commitment to the continued growth and development of the company remains unchanged. At the same time, it must be admitted that raising capital has been more difficult than expected in the given market situation, and raising awareness of our product and service could have been better in the process of raising capital. Awareness, however, can only get better now, because we are a public company” commented the management board member of Grab2Go Mart Viilipus.

The revenue from the offering shall be used by Grab2Go according to the company description for increasing its production and sales capabilities and for some product development.

Upon distributing the new shares all shares subscribed for by the investors shall be distributed to the investors.

The settlement of the offering is intended to take place on or about 12 June 2023. The shares of Grab2Go are planned to be admitted to trading on the multilateral trading facility First North, the first trading day will be on or about 13 June 2023. 

 

For additional information please contact:

Reio Orasmäe
Chief Sales Officer and co-founder
Contact: reio@grab2go.eu; 56877090

Mart Viilipus
Member of the management board of Grab2Go
Contact: mart@grab2go.eu; 53053173

​Nasdaq Tallinn: 

2023-10-19 - Grab2Go AS update of forecast (nasdaq.com)

2023-10-17 - AS Terminal ja Grab2Go AS announce of postponement of project. (nasdaq.com)

2023-09-01 - Grab2Go AS 2023 1st 6 MONTH INTERIM REPORT (nasdaq.com)

2023-06-08 - Results of the initial public offering of Grab2Go AS shares (nasdaq.com)

2023-05-31 - Grab2Go and Accelerate Estonia Initiate Collaboration to Develop Legal Framework for 24/7 Pharmacies, Improving Access to Medications (nasdaq.com)

2023-05-29 - Tamro Eesti OÜ and Grab2Go AS Announce Letter of Intent for Autonomous Pharmacy Solutions (nasdaq.com)

2023-05-19 - Repeat notice of initial public offering of Grab2Go AS shares and extension of the offering period (nasdaq.com)

2023-05-05 - Notice of initial public offering of Grab2Go AS shares (nasdaq.com)

About us in media:  

 

 

The information on this webpage is an advertisement for securities within the meaning of the Regulation No 2017/1129/EU of 14 June 2017 of the European Parliament and of the Council European Parliament and does not constitute an offer to sell the shares of Grab2Go AS (‘Grab2Go’) or invitation to subscribe to the shares of Grab2Go. Before deciding to invest we ask the investors to acquaint themselves with the Grab2Go company description and if needed consult with an expert. Decision to acquire the shares of Grab2Go should be based only on the information presented in the company description of Grab2Go.

   

The information contained in this website is not intended to be published, distributed or transmitted, in whole or in part, directly or indirectly, in the United States, Canada, Hong Kong, Japan, Singapore, South Africa, or in any other country or circumstance where publication, sharing or transmission would be unlawful or to any persons to whom the competent authorities have applied financial sanctions. Grab2Go shares will be publicly offered only in the Republic of Estonia and the sale or offer of the shares shall not take place in any jurisdiction where such offer, invitation or sale would be unlawful without the exception or qualification of law, or to any persons to whom the competent authorities have applied financial sanctions.

 

Shares are offered solely based on the company description and the offer is intended only for the persons to whom the company description is directed at. The information on this webpage is not reviewed or confirmed by any supervisory authority, and it does not constitute a prospectus.

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