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Rising Stone's Successful IPO on Euronext Growth Paris

Rising Stone, a developer in the luxury real estate sector, launched its initial public offering (IPO) on Euronext Growth Paris. The IPO raised approximately €35.5 million, including a €30 million capital increase. The total demand for shares reached €67.9 million, resulting in an oversubscription rate of 2.1 times the initial offering.

The share price was set at €58.30, leading to a market capitalization of €150 million. Trading on the Euronext Growth market is set to begin on February 23, 2026. Rising Stone aims to leverage the funds raised to acquire new premium lands and enhance its digital tools and team strength.

The offering attracted interest from both retail and institutional investors, signaling confidence in Rising Stone's model and future growth, particularly in the luxury Alpine real estate market. Rising Stone projects to reach at least €155 million in revenue by 2028.

R. H.

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