LeoVegas Nasdaq First North Premier IPO

Overview:

• LeoVegas has launched its IPO on the Nasdaq First North Premier.
• The offering consisted of the issue of between 25,985,848 and 26,711,780 shares at a price of SKr28-32 per share, valuing the company at around SKr3 billion.
• The offering raised around SKr1 billion.
• Skandinaviska Enskilda Banken (SEB) and Carnegie acted as joint global coordinators.
• The issuer is a mobile gaming company.
• The transaction involved a Swedish offering element and a placement of shares to US investors.

Wai Yee Tsang - Journalist