Rising Stone Announces IPO on Euronext Growth
Rising Stone, a creator and builder of luxury alpine real estate, announces the launch of its IPO on the Euronext Growth® market in Paris.
Details of the Offering
Rising Stone is launching an initial public offering with a gross amount of approximately €30.3 million, consisting of a €25.0 million capital increase and €5.3 million in existing share sales. This amount could increase to a maximum of €39.1 million if the extension clause and the over-allotment option are fully exercised. The indicative price range is set between €53.45 and €58.30 per share. The subscription period runs from February 5, 2026, to February 17, 2026, for the open price offer, and until February 18, 2026, at 12:00 CET for the global placement. The AMF approved the prospectus on February 4, 2026, under number 26-015. The ISIN code is FR00140164Q1, mnemonic ALRIS.
Subscription Commitments and Use of Proceeds
Rising Stone has received subscription commitments amounting to €18.9 million from 16 investors, representing 79.1% of the initial capital increase amount (at the lower end of the range). From the estimated net proceeds of €22.0 million (at the median price), 90% will be allocated to the acquisition of new premium land assets and 10% to strengthening teams and digital tools. The schedule indicates a settlement-delivery date of February 20, 2026, and trading is set to begin on February 23, 2026, on Euronext Growth.
