Eleving Group will launch an IPO on September 23

Eleving Group, a group of financial technology companies founded in Latvia, will launch an initial public offering (IPO) in the Baltics and Germany on September 23. Investors will be able to subscribe to the company’s shares until October 8.

As part of the IPO, Eleving Group will offer the opportunity to subscribe up to 24.5 million ordinary shares (20.7% of Eleving Group shares), and the price is set in the range of 1.60-1.85 euros per unit. The final price of one share will be specified after the end of the public offer.