Scodix complete IPO on Tel Aviv stock exchange

Digital enhancement equipment supplier Scodix announced the Tel Aviv Stock Exchange now includes Scodix as a publicly-traded company, under the ticker symbol SCDX. Scodix raised approximately NIS 62 million ($19 million) in the IPO.

“We thank investors for their significant expression of confidence in Scodix, which is reflected in the successful IPO recruitment,” said Eli Grinberg, CEO, and founder of Scodix. “Scodix has identified significant demand for enhanced printing solutions in the packaging and Web-2-Print markets and aims to increase its foothold. In recent months, we have worked with leading global packaging manufacturers and recognize the growing interest in our solutions. At the same time, we continue to serve the commercial print market.”

Scodix presses offer a wide variety ofdigital enhancements on the market, including Scodix Foil, Scodix Sense, Scodix Cast&Cure and more. Scodix enhanced print delivers a tactile experience and high-end impact for brands that want their products to stand apart.

Scodix’ current line of presses includes the recently launched Scodix Ultra Digital Enhancement series of presses, including six presses that each appeal to a different market, allowing for printing in different volumes and different sheet sizes up to B1. To date, Scodix has registered 41 patents and is in the process of filing 3 patent applications worldwide.