Emplocity is starting today the first tranche of the series B shares issue addressed to individually designated investors, and on August 17 this year. the second tranche of the public offering will be launched on the CrowdConnect.pl platform, the company said. The price for one share was set at PLN 30.25, which means that the company wants to raise up to PLN 3 million in total. "We are just starting a public offering of shares, thanks to which I hope we will obtain the necessary funds to achieve the specific goals of the issue. These are key projects that will ensure our product diversification, which may translate into a further increase in revenues. Through software, we are able to dramatically increase the efficiency of processes. This is an unquestionable advantage of using artificial intelligence. This type of solution is noticed by investors all over the world, and the best example of this is the very good reception of the startup from Romania, UiPatch, which made its debut on the New York Stock Exchange with capitalization of over USD 30 billion," said President Krzysztof Sobczak. As part of the commenced public offering of shares, investors will be able to acquire no more than 99,175 new series B shares, which, after their registration in the National Court Register, will constitute 8.6% of Emplocity's share capital. The price for one share of series B shares was set at PLN 30.25. Therefore, as part of the issue of shares, Emplocity wants to raise up to PLN 3 million, it was recalled. As the company explains, the capital obtained from the issue of series B shares as part of the public offering of shares, including the grants received, will allow an investment budget of PLN 15.31 million to be implemented in the period Q1 2021 - Q2 2022. Emplocity is in the process of preparing the documents that are necessary to submit an application for introducing the company's shares to trading on the NewConnect market. After the public offering of series B shares is completed and the new issue shares are registered in the National Court Register, Emplocity declares that it will begin the process of introducing the shares to the NewConnect market. trading on NewConnect. If the company meets all the formal requirements, then at the turn of the fourth quarter of 2021 and the first quarter of 2022 it plans to submit an application for introduction of shares to trading on the NewConnect market. Emplocity creates solutions supporting business management, based on artificial intelligence. In its solutions, it uses deep machine learning and natural language processing methods, using an advanced algorithm, data science and machine learning to automate business processes. Source: Emplocity and ISBnews