Leading International Staffing Platform Announces Launch of Pre IPO

Leading International Staffing Platform Announces Launch of Pre IPO

HireXtra, the world’s fastest growing, internationally-recognised bespoke crowd staffing service provider, has confirmed a pre-IPO for private investors in preparation for an upcoming initial public offering of stock. Through the pre IPO, HireXtra is targeting admission to the NASDAQ Nordic exchange in Stockholm; a top exchange hub for innovative technological businesses both in Europe and globally.

The AI-powered crowd staffing services organisation utilises big data and predictive analysis techniques to streamline the existing recruitment industry and permanently transform the international hiring sector. Assisting the world’s most well known corporations as they work to fill permanent and full time positions, HireXtra aims to minimise staff turnover and significantly boost rates of success through the use of detailed hiring metrics to match the best talent with the most suitable openings. To date, HireXtra boasts a 6000+ strong vendor platform, with around 300 from the UK.

“Launching our pre IPO is the next stage in our growth journey, and we’re excited to be able to share our niche expertise and our unique vision with global investors who support our mission” says Aditi Utekar Rajwar, Account Director at HireXtra AB (PUBL) subsidiary TGC World. “NASDAQ Nordic is one of the most active exchanges in Europe, with an ecosystem which fully supports high growth businesses such as ours throughout this stage of our journey, and we’re confident that an initial public offering will deliver top opportunities for ongoing development across the HireXtra family.”

Parent company HireXtra AB (PUBL) oversees three international subsidiaries. London-based Tom Gandhi Consulting (TGC) operates throughout the UK, Germany, Ireland, Poland, the Czech Republic, and the USA, while Anantha Cybertech Ltd, another London-based enterprise, has offices across the UK, India, and USA. HireXtra, headquartered in Stockholm, works with vendors in Sweden, India, and the UK.

NASDAQ Nordic is a Stockholm-based global trading platform with just under 4000 distinct listings including 1000+ from Nordic and Baltic markets alone. The platform offers a strong investor base, providing high growth companies with new funding opportunities to develop their brand and facilitate change within the industry.

HireXtra is currently valued at 50 million Swedish Krona (SEK), or roughly 5 million GBP. Under the pre initial public offering, shares in HireXtra are being offered at 10 SEK per share with a minimum transaction of 250 shares. 250 additional shares are offered per transaction following the IPO, an offer which is limited of one transaction per buyer.

To find out more about HireXtra, visit www.hirextra.com