Today, on 10 December 2019, 24Storage AB's (publ) (24Storage) shares were listed on Nasdaq First North Growth Market in Stockholm. In connection with the listing, 24Storage carried out a new share issue of approximately SEK 100 million. 24Storage intends to use the net proceeds from the new share issue for expansion and to strengthen the company's financial position.
24Storage is a self-storage company founded in 2015 in Sweden.
Arctic Securities acted as financial advisor and Baker McKenzie acted as legal advisor to 24Storage in connection with the listing of the company’s shares on Nasdaq First North as well as the new share issue. Baker McKenzie's team consisted of Stefan Balazs, Ian Gulam, Carl Svernlöv and Olof Larsson.