AmCham Italy and Genenta Science Announce the Bowling Green Bull Initiative
25 Julio 2022 - 5:00AM
Bowling Green Bull (BGB) is an initiative to
connect Italian companies, entrepreneurs and top managers aiming
for international growth and expansion in their interactions with
U.S. financial markets and investors.
BGB will function as a meeting and discussion
community for entrepreneurs and managers of listed companies or
those aiming to list in the U.S., as well as facilitators such as
banks, advisors and lawyers who deal with the U.S. stock
markets.
The initiative, promoted by the American
Chamber of Commerce in Italy (AmCham Italy) and
Genenta Science SpA (Nasdaq: GNTA), currently
includes Bank of America, Brunswick Group,
Cleary Gottlieb Steen & Hamilton LLP, Docebo,
D-Orbit, Equita Capital SGR, Kairos Partners SGR,
Nasdaq, Petrone Group and other Italian
companies listed on U.S. stock markets.
The first meeting was also attended by the
Principal Commercial Officer of the U.S. General Consulate in
Milan, Tanya Cole, who presented SelectUSA, a program designed to
support Italian companies to invest in the U.S.
“This initiative is part of Italian companies
growing internationalization, particularly in the U.S. AmCham Italy
has made this a strategic point in its efforts to strengthen
transatlantic relations. At a time of great transformation, this
project aims to be a point of reference for Italian companies that
are expanding and are looking with interest to the capital markets
as an element of growth. The U.S. market is undoubtedly the most
competitive, gathering the world's leading investors. BGB's goal is
to support Italian companies to succeed in this process and to
build a cluster of Italian excellence that can increase their
visibility with U.S. investors,” said Simone
Crolla, Managing Director of the American Chamber of
Commerce in Italy.
“Genenta has successfully concluded a recent
listing on the U.S. Nasdaq, supported by U.S. and EU investors.
This provided us with important insights on the processes and
challenges that await those who want to take the same path. We deal
with investors, analysts, banks and authorities on a daily basis
and with BGB, we will be able to share that expertise and benefit
from others’ experience. This creates more value for us and for all
BGB members,” Pierluigi Paracchi,
Co-Founder & CEO of Genenta Science and BGB Coordinator,
said.
Why Bowling Green Bull?The Charging Bull, also
known as the Wall Street Bull, is the symbol of the bullish
momentum of the stock market and was made by an Italian artist,
Arturo Di Modica. Di Modica installed it in the space in front of
the New York Stock Exchange in December 1989 without any prior
authorization. The Stock Exchange executives, unhappy about the
bull that they had not commissioned, immediately relocated the
sculpture to a corner of the green triangle in Bowling Green Park,
at the beginning of Broadway. This initiative takes inspiration
from this story that has become an icon of stock exchanges all over
the world. Since then, one of the names given to Charging Bull has
been Bowling Green Bull.
During BGB’s inaugural event, scheduled for
autumn 2022, the first initiatives will be presented, starting with
the production of a document outlining necessary steps, as well as
mistakes to avoid, for companies and entrepreneurs wishing to list
on U.S. stock markets.
For more information, please contact Davide
Burani, Head of Advocacy & Public Affairs at the American
Chamber of Commerce in ItalyTel. +39 028690661 – Mob. +39
3487532894 – Email: burani@amcham.it – www.amcham.it.Tiziana
Pollio, Communications Genenta Science, tiziana.pollio@genenta.com,
Mob. +39 3482315143
American Chamber of Commerce in Italy was
founded in 1915, it is affiliated with the US Chamber of Commerce,
the world’s largest business organization with more than 3
million-member companies, and part of the AmCham network, composed
by 118 AmChams in 105 countries. The institutional and business
relations developed over more than 100 years between Italy and the
US are a value made available to members as are the governmental
contacts at local and federal level on both sides of the Atlantic.
Luca Arnaboldi is the President of AmCham Italy; Simone Crolla is
the Managing Director.
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