Almawave S.p.A. (Ticker: AIW), leading Italian company in Artificial Intelligence, natural language analysis and Big Data services, closed its first day of trading on the AIM Italia market, the multilateral trading system organized and managed by Borsa Italiana S.p.A., up 7.29% compared to the listing price of €4.25 per share, closing trading at €4.56. Traded on the market in today’s session were 901,562 thousand shares, for a countervalue of about €4.3 million. Almawave capitalization is equal to about €120.5 million.

Valeria Sandei, Almawave Chief Executive Officer, states: “The good result of the placement and the welcome from the market on this first day of trading makes us even prouder of the path the entire team has taken so far. And it confirms how much our sector, our business areas and the Artificial Intelligence world in general, besides determining the future of our society, are also strategic for investors. Our company has begun a new stage of life today and we are looking to the future even more confidently.”

Almawave: +7.29% in the first day on AIM Italia
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