Issue is 52x Oversubscribed at the Top End Price Signifying Strong Investor Interest for the October 3, 2025 Listing
MUMBAI, India and TORONTO, Sept. 30, 2025 /CNW/ - QYOU Media Inc., (TSXV:QYOU OTCQB:QYOUF), has announced that, further to its news release dated February 24, 2025, it has completed the book building process for the open public listing on the BSE Limited (formerly known as the Bombay Stock Exchange) of its subsidiary, Chatterbox Technologies Limited, which will take place on Friday, October 3, 2025. The issue is 52x oversubscribed at the top end of the price range (115 Indian Rupees), which indicates strong and growing investor demand for the IPO. The Mumbai based influencer marketing business launched the book building process last week with the aim of raising 42.86 Crore (approx. C$6,726,000) through the issuance of 3,727,200 equity shares of Chatterbox Technologies. The IPO may result in the disposition by QYOU Media of up to an 18.02% ownership interest in Chatterbox Technologies; however, following the IPO, QYOU Media will remain the majority and largest shareholder of Chatterbox Technologies. The IPO has Chatterbox Technologies becoming the first exclusive influencer marketing business in India to be listed on a public equity exchange.
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