November 25, 2019

Why Companies Listed on Non-US stock Exchanges Should Consider Moving to a US Stock Exchange

Many successful companies have listed through standard IPO on the stock exchanges around the world.

There is a possibility to de-list from the current foreign stock exchange and get listed in NYSE or NASDAQ via a Private-to-Public Equity (PPE)™, or SPAC (Special Purpose Acquisition Company, aka blank-check company) enhanced by the Mentor-Investor™ approaches, process with the GigCapital team.

Several key benefits should be considered:

• Chances are that the valuation of the company is higher in NY than in a local exchange. This can be explained by the fact that the USA stock exchanges open the companies to more fundamental investors, generating increased awareness on the business
• In many cases this results in new growth momentum for the company since it can get more public currency for executing faster its growth plans
• There could also be a ‘local hero’ effect in the company’s home country, where investors there would put more money in the company once it is listed on USA stock exchange
• This can open extended collaboration and potential joint ventures or other partnerships with other companies
• Time advantage compared to other listing processes: this could give the company a great edge if the executive team plans to consolidate the market fast via M&As

All in all, this is about new momentum building for companies which are already traded in foreign stock exchanges. The partnership with GigCapital’s leadership team offers: “IPO in a Box”, connections, mentoring, positioning, targeting customers, and providing additional assistance as needed by the company beyond the listing process itself.

GigCapital has already demonstrated the strength and values of its PPE^TM process working with non-US companies:

• The first company which GigCapital combined with is a private, Italian. Kaleyra s.p.a. is a successful and growing company in the area of CPaaS (Communications Platform as a Service) and the first Italian TMT company to Ring the Bell at NYSE.  The stock ticker is KLR as of November 26^th, 2019.
• GigCapital IPO’ed its second company, GigCapital2, Inc. (NYSE: GIX), in June 2019. GigCapital2 is searching for the next company to combine with. Here too, the activities include non-US companies looking to move to an US stock exchange.  Updates to follow.