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DAMMARIE-LES-LYS, FRANCE / ACCESSWIRE / January 13, 2025 / METAVISIO (THOMSON Computing) (FR00140066X4; code mnemo / Ticker: ALTHO), a pioneer in innovative computing solutions, announces at CES 2025 the signing of a letter of engagement with ARC Group Limited. This partnership aims to support METAVISIO in its listing on the Nasdaq or New York Stock Exchange in the United States, based on a minimum indicative valuation of $70 million, derived from audited annual data for FY 2023 and audited data for H1 2024.
According to the terms of the agreement, ARC Group will act as METAVISIO's exclusive financial advisor, providing strategic guidance for accessing U.S. public markets through a De-SPAC, a reverse takeover (RTO), or an initial public offering (IPO).
This important milestone reflects METAVISIO's ambition to strengthen its European leadership and expand its global presence in the technology industry by leveraging the significantly more lucrative opportunities offered by U.S. financial markets.
Key Objectives of the Engagement
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Comprehensive Market Strategy: ARC Group will analyze current market conditions to determine the best strategy for METAVISIO's entry into U.S. public markets.
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Capital Market Services: This includes SPAC sourcing, company valuation, and corporate restructuring for De-SPAC/RTO, or drafting S-1 filings for an IPO.
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Pre-IPO Capital Raising: ARC Group will assist the company in raising the necessary funds to support METAVISIO's ambitious growth strategy, based on a higher valuation reflecting the efforts and positive results achieved in 2023, 2024, and projected for 2025.
In 2022, during its transfer to the Euronext Growth market through a capital increase of €4.2 million, the company's post-IPO valuation already stood at €44.9 million.
The new valuation of METAVISIO is expected to be determined based on the estimated revenue and EBITDA for 2025, providing a clear and updated financial benchmark in preparation for the initial public offering.
For example, if the revenue in 2025 reaches $120 million, the estimated valuation would range between $420 million and $600 million, based on a revenue multiple of 3.5x to 5.0x.
"We are excited to support METAVISIO in their process to enter the US Capital markets and unlock the huge potential behind the Company's innovative solutions by listing in the deepest, most sophisticated market in the world." said Jesus Hoyos, Managing Partner of ARC Group.
"This partnership marks a key milestone in METAVISIO's evolution, providing access to the U.S. financial market, one of the largest and most dynamic in the world. We are thrilled to partner with ARC Group to achieve our goal of becoming a global leader in computing solutions," added Stephan Français, President of METAVISIO.