How can we help you?

Lise digitalises the entire listing process — from application preparation to trading — by replacing complex regulatory prospectuses with a regulated Information Document. This reduces timelines to 4 to 6 months and significantly lowers costs.

Listing on Lise gives you access to diversified capital, strengthens your company's credibility with partners, clients, and employees, and provides governance and liquidity tools previously reserved for large listed companies.

Investors look for a documented growth track record, solid financial fundamentals, a credible management team, and a clear strategic vision over a 3 to 5-year horizon. Our teams help you structure these elements as part of the preparation process.

Lise's support covers the entire cycle: documentation drafting, regulatory compliance, roadshow coordination, registry management, corporate actions, general meeting notices, and dividend distribution.

When your company is looking to fund a significant growth phase, prepare for an acquisition, or provide liquidity to its shareholders. Ideally with a funding requirement of €2 to €12M and a 12 to 18-month horizon.

Going public on Lise offers several strategic advantages:

• Access to capital: raise funds from retail and institutional investors, without relying solely on banks or private equity.
• Visibility and credibility: strengthen your image and reputation with clients, partners, and future employees.
• Capital liquidity: existing shareholders can sell part of their shares on the secondary market.
• Governance structure: listing encourages more rigorous and transparent governance.
• Easier refinancing: a listed company can carry out follow-on fundraises more easily.

Strengthening equity (via an IPO) allows you to fund growth without repayment obligations or interest charges, offering greater financial flexibility and improved future borrowing capacity. Conversely, debt involves regular repayments and generates financing costs, but does not dilute ownership. Both approaches are complementary depending on the company's stage of development.

• Legal form: be incorporated as an SA or SCA.
• Financial health: have a track record of performance and a solid business plan.
• Governance: have a clear governance structure and competent decision-making bodies.
• Transparency: be able to publish regular and accurate financial information.
• Compliance: meet the regulatory requirements related to listing.

Each application undergoes a thorough eligibility review by Lise.

IPOs on Lise allow you to raise between €2 and €12 million without the requirement to publish an AMF-approved prospectus (from June 2026 under the European Listing Act). Above this threshold, an AMF-approved prospectus is required.

Between 4 and 8 months depending on the complexity of the application, divided into four phases: selection (1 month), preparation (2 to 4 months), roadshow (1 to 2 months), and subscription period (up to 15 days).

Issuers have access to a dedicated dashboard with real-time visibility of their shareholder composition, market data, transaction history, and regulatory reporting modules.

Lise operates a continuous market, 24/7, with a transparent order book. Market-making mechanisms and access to a network of qualified investors help maintain liquidity after listing.

If the listing is not completed, subscribed funds are returned in full to investors. The specific terms are contractually defined during the preparation phase.

The IPO process on Lise unfolds in three main phases over 4 to 6 months:

1. Preparation (2-3 months): conversion to SA if required, legal and financial due diligence, drafting of the Information Document (ID), preparation of communication materials.
2. Pre-roadshow: meetings with institutional investors to test market appetite and refine the valuation.
3. Roadshow and primary market (15 days): official opening of the subscription period, accessible to all investors on Lise.

The Information Document (ID) is the central document for an IPO on Lise. It provides a concise overview of all the essential information investors need before subscribing: description of the company's activities, development plan, financial position, risks, governance, and transaction details (number of shares, price, timetable).

An Information Document is prepared in accordance with the Lise Operating Rules for any public offering conducted on the Platform. More concise than a prospectus, it serves as the primary transparency document for investors.

• Information Document (ID) — main regulatory document
• Legal documents: SA articles of association, general meeting resolutions, financial delegations, capital increase certification
• Financial documents: financial statements for the last two years, capitalisation table, financing plan
• Shareholder documents: updated shareholders' agreement, register of beneficial owners
• Marketing materials: investor presentation, press releases

Lise supports the issuer in compiling this documentation.

Book a meeting with our Issuer team

• Financial disclosure: annual and half-yearly reports on results and financial position.
• Regulatory announcements: prompt disclosure of any material event likely to affect the share price (change of management, acquisition, etc.).
• MAR obligations (Market Abuse Regulation): management of inside information, insider lists, prohibition of insider trading.
• Shareholder registry management: handled by Lise.
• General meetings: organisation of GMs with shareholder voting rights via the Lise platform.

Post-IPO support is fully included in the issuer agreement and covers: shareholder registry management, corporate actions (dividends, general meetings, voting rights), access to secondary market monitoring tools, and ongoing technical support.

Dividend distribution is organised by Lise on behalf of the issuer. The issuer transfers the funds required for distribution, which are then automatically allocated among shareholders recorded in the registry on the record date.