CM.com goes public
After the Breda technology company CM.com was forced to abandon its plans for an IPO in 2019 due to disappointing market conditions and a lack of interest, it finally makes its debut at the Amsterdam exchange today. CM.com, which mainly helps companies such as IKEA and Albert Heijn communicate with its customers via text messaging and WhatsApp, goes public to raise capital to develop new activities, such as ticket sales for major events and mobile payment services.
CM.com’s journey to the stock exchange has been a remarkable one. After a merger with the listed investment vehicle DSCO, which in turn had been looking for a Dutch company to invest in for two years, CM.com will take over the listing of DSCO.