Turbo Energy SA has completed its initial public offering $(IPO)$ of American Depositary Shares (ADSs) on the Nasdaq. The company sold 1,000,000 ADSs, each representing five ordinary shares of the company, at a public offering price of $5.00 per ADS. The IPO also included a 45-day over-allotment option for underwriters to purchase up to an additional 150,000 ADSs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Turbo Energy SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-106215), on November 04, 2025, and is solely responsible for the information contained therein.