GloraX announced the start of the IPO subscription on the Moscow Exchange at a price of RUB 64 per share, implying a market capitalization of RUB 16 billion. The IPO volume will exceed RUB 2 billion, with proceeds directed toward business development and debt reduction. Trading under the ticker GLRX is scheduled to begin on October 31, 2025. Investors may submit applications from October 23 to 30.