Trading in shares of the Whoosh kicksharing service began at 15:00 Moscow time on the Moscow Stock Exchange.

Shares of the scooter rental service have been listed on the first listing since December 14 under the ticker WUSH.

The Moscow Stock Exchange began trading Whoosh shares

On the morning of December 14, Whoosh announced that it had raised 2.3 billion rubles during an initial public offering on the Moscow Stock Exchange (2.1 billion rubles through an additional share issue and 200 million rubles from existing shareholders). . The placement of the company was the first on the Russian market in 2022.

The placement price of the initial public offering was 185 rubles per share.

As reported, the company plans to use the funds received from investors to finance its investment program, including the growth of the electric scooter fleet and business development in new regions.

Now the service is presented in 40 cities of Russia and the CIS. Dmitry Chuiko, CEO and founder of Whoosh, noted that the company is considering entering 73 new locations. He did not elaborate on specific plans.

Whoosh’s IPO involved 20,000 private investors. According to the company’s financial director Alexander Sinyavsky, almost a billion rubles were received from them.


anastasia mariana

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.


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