After giving up on Nasdaq, Compulab files for TASE IPO
Compulab, part owned by listed company TechnoPlus Ventures, produces fanless miniature industrial computers.
Technology company Compulab is making another attempt to go public. Three years ago, it gave up on an IPO on Nasdaq. Now, it has filed a prospectus with the Israel Securities Authority for an offering on the Tel Aviv Stock Exchange. In response, the share price of TechnoPlus Ventures (TASE: TNPV), which holds 14.6% of Complulab and which notified the stock exchange of the filing of the prospectus, rose strongly. The size of the offering and the company valuation have not yet been reported.