Havel & Partners Advises Fixed.zone on Start Market IPO

Havel & Partners Advises Fixed.zone on Start Market IPO

Czech Republic
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Havel & Partners has advised Czech mobile device accessories manufacturer and distributor Fixed.zone on its initial public offering of shares on the Prague Stock Exchange's Start Market.

"The results of the two-week public offering showed that the total number of orders almost three times exceeded the offered 222,000 shares," Havel & Partners informed.

The Ceske Budejovice company Fixed.zone develops and manufactures chargers, holders, cases, and other accessories for phones and tablets.

According to the firm, through the IPO the company wants to support its further growth, expansion into new European markets, and the development of innovative products.

"The results of the IPO are a huge surprise for us. We are pleased that there was such an extraordinary interest in our shares, especially among Czech investors. It is a great commitment for us," commented Fixed.zone Founder Daniel Havner.

The Havel & Partners team consisted of Partner Jan Topinka, Managing Associate Jiri Kunasek, Senior Associate Martin Stancik, and Associate Josef Bouchal.