Positive Technologies to hold IPO in Russia in late 2021–early 2022

MOSCOW, Jun 16 (PRIME) -- Cybersecurity company Positive Technologies will hold an initial public offering (IPO) in Russia at the end of 2021 or early 2022, the company said on Wednesday on its website.

To promote its floatation, Positive Technologies took on lease a Telegram channel on startups and venture business, Russky Venchur, which has been the first case for a commercial company to do it.

The company will talk about “the cybersecurity market, its investment attractiveness, and the financial opportunities that will open for the participants of the company’s placement on the bourse” on the platform.

Marketing and Corporate Communications Director Vladimir Zapolyansky said the company’s IPO model is unique Positive Technologies wants to create a solid community of investors-individuals before before the placement.

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