Nordtech announces stabilization measures taken by DNB Carnegie
The stabilization agent DNB Carnegie has carried out transactions on Nasdaq Stockholm to support the share price for 30 days after the listing.
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Holding group for Nordic B2B SaaS companies
nordtechgroup.comLast updated
In short: Nordtech listed on Nasdaq Stockholm with a 3 billion SEK valuation and continued its acquisition strategy for niche software companies.
The stabilization agent DNB Carnegie has carried out transactions on Nasdaq Stockholm to support the share price for 30 days after the listing.
The offering was oversubscribed several times and the company receives approximately SEK 400 million for refinancing and acquisitions.
The offer price is SEK 60 per share with a valuation of approximately SEK 3.0 billion and cornerstones invest SEK 480 million.
The offering consists of existing and newly issued shares to finance future acquisitions.
PS Insider check shows that transactions related to Nordtech Group's stock exchange listing on June 10 dominate the week, but a number of other interesting insider purchases were also made worth...
The serial acquirer Nordtech's entry on the stock market meant a price increase – at lunchtime of 2–3 percent.
Nordtech, a serial acquirer with strong organic growth, is advised against stock exchange introduction despite impressive cash flows and high share of recurring revenue.
Nordtech, which acquires and further develops niche software companies, will be listed on Nasdaq Stockholm on June 10. The offer price is set at 60...
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