Le Slip Français Succeeds in Its IPO: €13M Allocated, €13.75M Demanded

An Oversubscribed Operation with Broad Retail Participation

The initial public offering represents a total gross amount allocated of €13M, comprising €5M in capital increase for the company and €8M from the sale of existing shares. The share price was set at €14.80 on June 19, 2026. In the Global Placement with institutional investors, 535,174 shares were allocated (61% of the total), with a service rate of 98%. The Firm Price Offer aimed at the public recorded 343,205 subscriptions (39% of the total) with a service rate of 90%. Orders from small investors (up to 150 shares) were fully met, while larger orders were filled at 61.72%.

Post-IPO Capital Structure and Schedule

The settlement-delivery is scheduled for July 13, 2026. Trading of Le Slip Français shares will begin on July 14, 2026, on Euronext Growth Paris under the ISIN code FR0014018Y10 and the mnemonic ALLSF. Following the operation, the market capitalization of Le Slip Français will be €19.2M based on 1,299,152 shares. The free float will represent approximately 68.7% of the share capital. GG Corp (100% owned by Guillaume Gibault) will retain 9.46% of the capital on a non-diluted basis, while the two historical shareholders (360 Capital Partners and Experienced Capital Partners) will sell 73.8% of their stake, reducing their combined share from 77.32% to 14.81% of the capital.

Allocation of Funds and Abstention Commitments

The net proceeds of approximately €3.7M from the new shares will be allocated according to three priorities: 34% for industrial scale-up (acquisition of machines, recruitment, capacity expansion, and deployment of Fier(T)), 32% for commercial and marketing acceleration particularly through audiovisual and development of multi-brand outlets, and 34% for strengthening working capital needs. The Company commits to abstention for 365 calendar days from the settlement-delivery. Certain current shareholders, representing about 29% of the pre-operation share capital, have committed to a similar 365-day retention, subject to customary exceptions. Directors representing 360 Capital Partners and Experienced Capital Partners will resign on July 13, 2026.