“AIM is a natural fit for FADEL as it has a proven track record for helping technology companies seeking achieve their corporate ambitions.”
London Stock Exchange is delighted to welcome FADEL to AIM.
FADEL is a leading developer of cloud-based brand compliance and rights and royalty management software, working with some of the world’s leading licensors and licensees across media, entertainment, publishing, consumer brands and hi-tech/gaming companies. It is headquartered in New York, USA and operates in the US, UK, Lebanon, France, Canada and India. The use of FADEL’s products spans across (1) marketers and advertisers to accelerate campaign creation, eliminate content misuse and maximise asset reuse, (2) finance teams to generate and precisely manage royalty calculations, statements and audit reports, and (3) licensing professionals to identify licensing violations, optimise revenue and avoid over/under royalty payments. FADEL will trade under the ticker “FADL”. As part of the listing process on AIM in April 2023, Fadel Partners, Inc. raised £8 million with a market capitalisation of £28.8 million at admission. Tarek Fadel, Chief Executive Officer, commented: “We are delighted to announce our admission to trading on AIM. “FADEL has already established itself as a leader in its field, delivering solutions to companies across numerous sectors and geographies. The successful completion of our IPO represents the beginning of a new chapter and this investment will allow us to expedite our growth strategy to scale alongside the rapidly expanding digital content and IP market and to capitalise on the significant opportunity available to us. “We believe that AIM is a natural fit for FADEL as it has a proven track record for helping technology companies seeking achieve their corporate ambitions. “I am delighted to welcome our new shareholders and would like to thank them for their support. We look forward to working with them in the years ahead as we build on our strong foundations and push forward with our growth plans.”