Gessel, Koziorowski advised the Warsaw-based on its initial public offering, including the drafting of its issue prospectus concerning shares from the new issue and transfer of its existing shares from the NewConnect market to the main floor of the Warsaw Securities Exchange. The GESSEL lawyers involved in the project included Leszek Koziorowski, partner and Tomasz Drągowski, of Counsel. is an IT company which operates Poland’s first internet platform for comparison of banking and financial products.

The issue of ordinary F-series bearer shares in effectuated by way of open subscriptions within a public offering between 1 February and 14 February 2014 (on the basis of the issue prospectus approved by the Polish Financial Supervision Authority on 30 January 2014) resulted in acquisition of 575,000 shares by an assortment of institutional and private investors. The attendant share capital increase was entered in the National Court Register on 27 February 2014. Along with the remaining bearer shares of the company (hereto listed on the NewConnect market within the alternative trading system), the F-series shares in are now the object of proceedings geared at securing permission for listing on the main floor of the Warsaw Securities Exchange, and their first listing is expected in the second half of March 2014.