The new financial market, which will operate on a crypto network, will introduce ST Group, a company specializing in composite parts for aircraft.
Here comes an announcement unlike any other. The brand-new Parisian stock market, Lise (short for Lightning Stock Exchange), will welcome its first company. On April 9, ST Group, a small business from Toulouse in the defense sector, will offer investors the opportunity to subscribe to its initial public offering on the stock exchange.
Having received approval from the Prudential Control and Resolution Authority (ACPR) and the stock market regulator (AMF) at the end of 2025, Lise will ring the bell for the first time with this company, a member of the Industrial and Technological Defense Base (BITD) specializing in the production of parts and composites for the aerospace and defense sectors.
ST Group, with an estimated business activity potential of €59 million over ten years, aims to raise equity funds to increase production and meet the growing demand from its customers.
If the amount of the offer proposed by ST Group is not disclosed, Lise aims to conduct IPOs ranging from €2 million to €12 million. This is ten times less than the average IPO of the Euronext leader.
“These amounts are precisely tailored to the equity needs that are currently lacking for French SMEs,” justified the founder of Lise, Mark Kepeneghian.
Context: ST Group is a small business operating in the defense sector in Toulouse, France, specializing in the production of composite parts for aerospace and defense industries.
Fact Check: The new financial market, Lise, will operate on a crypto network, and the company ST Group is set to be the first to offer its IPO through the market.
