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CM.com Commences Trading on Euronext Amsterdam

  • Trading in CM.com shares to commence under the symbol "CMCOM"
  • Transaction includes a total capital inflow of € 80 million1 consisting of € 55 million by Dutch Star Companies ONE shareholders plus additionally committed capital of € 10 million and € 15 million from large DSCO shareholders and Teslin, respectively
  • Capital proceeds and stock exchange listing to accelerate CM.com’s growth strategy and global rollout of Conversational Commerce proposition
CM.com N.V. (together with its subsidiaries, “CM.com” or the "Company"), a global Conversational Commerce platform, announces trading in its shares on Euronext Amsterdam to commence today, 21 February 2020.

Over the past 20 years, CM.com has accumulated know-how and developed a proprietary technology platform for enterprises to help them support consumers at all mobile touchpoints of their customer journey. The Company believes it is now ideally positioned to benefit from the increasing global demand for Conversational Commerce. The transaction and stock exchange listing are seen by management and shareholders to be the best opportunity for the current stage of development and to support CM.com in scaling up its business and accelerating its growth strategy.

On 9 January 2020, CM.com and Dutch Star Companies ONE N.V. ("DSCO") a special purpose acquisition company listed on Euronext Amsterdam, reached agreement on a business combination. Following DSCO shareholders’ approval of the legal merger at the Extraordinary General Meeting of shareholders held on 20 February 2020, and the Declaration of No Objection (“DNO”) received earlier from the Dutch Central Bank, all conditions for the completion of the business combination have been met.

Following the conclusion of the legal merger between both entities, DSCO’s current listing on Euronext Amsterdam will be maintained, and as a result of the merger, listed shares in the merged company have been allotted to the existing shareholders of DSCO and additional investors of CM.com. The Company will trade under the symbol "CMCOM" with international securities identification number NL0013746431.

Jeroen van Glabbeek, CEO and co-founder of CM.com: “Today marks the start of a new era. The transaction with DSCO not only provides us with a listing and access to the capital market, but also with substantial new growth capital for our strategy acceleration and business expansion. We are proud of the strong interest in CM.com from virtually all DSCO’s current shareholders and from Teslin, who we welcome on board as our new cornerstone investor. We have ambitious plans as we enter our next stage of development and we look forward to the opportunities and benefits of being a listed company. We want to thank DSCO and our new shareholders for their belief in our Company and strategy.”

For full press release, please see attachment
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