Stormeur (ASX: STR) IPO to expand Cosmetique's non-surgical cosmetics empire across Australia (w/ Vivek Eranki)
Stormeur (ASX: STR) chief executive officer and chairman Vivek Eranki joins Small Caps to discuss the company's $7 million IPO to fund new Cosmetique clinics on Australia's east coast as part of its growth strategy. The company recently announced the IPO offering 35 million shares at $0.20 each, aiming to raise funds for clinic expansion, marketing, and potential acquisitions. Stormeur, which operates 17 clinics across five states, plans to increase its network to 100 clinics by 2025, offering high-end non-surgical cosmetic treatments. The group has also achieved national safety accreditation, positioning itself as a leader in Australia’s growing non-invasive cosmetic procedure market. The company plans to list on the ASX under the ticker code 'STR'. Article:https://smallcaps.com.au/stormeur-ipo-asx-str-non-surgical-cosmetics-empire/See omnystudio.com/listener for privacy information.