Aeternal Mentis opens with increases of 57.14% at BME Growth. On its first day as listed this Friday has reached a price of 4.4 euros per share compared to the 2.8 euros that had been established as a reference for its debut.
In the first crossing of the new listed company, 1,701 shares changed hands, while in the second 1,137 shares were traded. Total, 12,150 euros were mobilized, according to official data from BME Growth. Transactions that took place without the traditional bell ringing that the newly listed companies usually celebrate in one of the Spanish stock exchanges by decision of the company.
The promoter of the largest European project in artificial intelligence thus reaches a valuation of 55.58 million euros. Thus, Aeternal Mentis has become under the acronym AMEN the ninth company to debut this year on BME Growth. The company has contracted the services of Norgestion as a registered advisor, while GVC Gaesco Values will act as a provider of liquidity.
Project in Álava
The plans of the new listed company go on to promote in Álava the largest platform in Europe dedicated solely to training and processing artificial intelligence models. His credentials include a revenue forecast for this year of 0.9 million that he expects to multiply to 47 million in 2025.
In addition, this growth will allow it to achieve an Ebitda of 6 million euros in 2023 and 28 million by 2025, according to its brand. five-year strategic plan. However, the Álava project was born from the private initiative of private partners who have contributed an initial capital of 7 million euros of their own funds.