Theon International (Ticker: THEON NA) is an aerospace and defense company based in Cyprus. The company specializes in the development and manufacturing of customizable night vision and thermal imaging systems for military and security applications. Theon International operates globally with offices and manufacturing facilities in locations including Athens, Cyprus, Kempen, Arlington, Abu Dhabi, Dubai, Zug, Copenhagen, and Singapore. The company's commercial presence extends to 68 countries, with significant sales to NATO countries.
Theon International will list on the Euronext Amsterdam exchange on February 7, 2024. The firm plans to offer 14 million shares, with 10 million as primary shares and 4 million as secondary shares. The expected price range for the IPO is EUR 10.00 to EUR 12.00 (USD 10.92 to USD 13.11), aiming to raise approximately EUR 168 million (USD 183.47 million). The offering is managed by Kepler Cheuvreux, Rabobank, and UBS.