Trading in Edgeware AB Shares on Nasdaq Begins
On 9th December, trading started in Edgeware AB's shares on Nasdaq, Stockholm. Edgeware is a global, high tech company which enables efficient and scalable streaming of TV and video over the internet. The company was founded in 2004 and has its head office in Stockholm, a subsidiary in USA and offices in Hong Kong as well as Mexico. The subscription price was set at 29 Swedish crowns which is the equivalent to a share market value in Edgeware of approximately 871 million Swedish crowns.
Catella Fondförvaltning AB, Greenspecialisten Förvaltning AB, LMK Forward AB, Swedbank Robur Fonder AB and OstVast Capital Management Ltd are cornerstone investors in connection with the IPO.
Carnegie Investment Bank acted as Global Coordinator and Joint Bookrunner and Handelsbanken Capital Markets acted as Joint Bookrunner. Baker McKenzie acted as legal advisor to the Global Coordinator and Joint Bookrunners. The work was lead by Joakim Falkner, Partner at Baker McKenzie Stockholm, with support from Henric Roth, Stefan Balazs and Johanna Flink.