Kiev. Ukraine. Ukraine Gate – January 29, 2021 – Technology
Ukrainian technology company Ajax Systems is preparing for an IPO. For this and other purposes, the company has attracted the Vice-President of EPAM Charles Robb as an independent member of the Board of Directors, said in a statement.
Karl already has a similar experience: he previously participated in the preparation of EPAM for an IPO on the New York Stock Exchange.
In addition to bringing the company to the IPO, Carl Robb will focus on improving corporate governance, strengthening the company’s growth, and scaling the engineering team of Ajax Systems.
The company did not disclose specific details on the upcoming placement, however, in a comment to AIN.UA, the representative of Ajax Systems noted that it could take place in a couple of years. “Ajax Systems plans for the next year or two to quadruple its sales and make an IPO approximately in 2023 on one of the largest stock exchanges,” the company said.
Ajax Systems is a Ukrainian manufacturer of professional security systems with smart home capabilities. The company was founded in 2011 by Alexander Konotopsky. In 2015, Ajax Systems launched production in Kiev.
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