XTPL files prospect with the KNF. Wiesław Rozłucki appointed Chairman of the company’s supervisory board.
Three quarters ago, XTPL S.A. debuted on New Connect. Now the company is entering the final period before moving the main trading floor of the Warsaw Stock Exchange as it has just filed the prospect with the Polish Financial Supervision Authority (KNF). XTPL is actively supported by the former CEO and co-founder of the Warsaw Stock Exchange Wiesław Rozłucki, who is a newly elected chairman of the company’s supervisory board.
With its ground-breaking technology for printing nanomaterials, XTPL S.A. is moving in great steps towards the first day of listing on the Warsaw Stock Exchange. The company is moving to the “big stock exchange” at quite a speed, given the fact that in September 2017 it debuted on the New Connect market. Now the company can boast not only capitalization amounting to PLN 120 million, but also rapid progress towards commercialization of its nanoprinting solutions.
– Our technology is raising growing interest. We have many inquiries from potential business partners, especially from the Silicon Valley. We are realizing many projects based on verifying the parameters of our technology vs specifications from the market. We are currently in the fastest development phase, and this is strongly driving us forward – said Maciej Adamczyk, member of the Management Board and COO at XTPL.
Already in 2018, XTPL will be even closer to investors from behind the western border (now its shareholder structure includes two German investment funds). Following its debut on the Warsaw Stock Exchange, the company is to establish a secondary listing on the Open Market (Freiverkehr) operated by Deutsche Börse. International markets are a natural direction for XTPL to follow, also in the context of technology commercialization.
– Due to the platform character of XTPL’s nanoprinting solutions they may be implemented in many fast developing industries. We keep verifying further potential application areas for our technology – Maciej Adamczyk explains.
In addition to the market of displays or solar cells, XTPL is targeting such market segments as biosensors, anti-counterfeiting solutions and microelectronics. The value of the printed electronics market alone, which is one of the main application areas for XTPL’s technology, was estimated at over USD 29 billion in 2017. In 2027, this figure is expected to exceed USD 73 billion.
In its hottest period of growth, XTPL bets on experience and transparency. Already today, the company has experts who contribute know-how gained in mature organizations, including those from the financial market. As part of continuation of this strategy, Wiesław Rozłucki, PhD, joined the company’s supervisory board. The former long-standing president of the Warsaw Stock Exchange has just been appointed supervisory board chairman.
“XTPL is no longer a start-up, but a company which is confidently and quickly building its identity in the world of serious business. I’ll be actively supporting the company on its way to become a synonym of new quality for investors, not only on the Warsaw Stock Exchange. I believe that at such an innovative company you can introduce the best of corporate experience from large companies. And this would be without any harm to the growth momentum and freshness of XTPL”, Wiesław Rozłucki emphasises.