On April 30, 2021, the first day of trading in Nilar International AB's (publ) shares on Nasdaq First North Growth Market occurred. The IPO attracted strong interest from Swedish and international institutions as well as the general public in Sweden. The price in the offering was SEK 67 per share, corresponding to a total market value of the company of approximately SEK 3.15 billion.

Nilar is a Swedish-based developer and manufacturer of stationary energy storage systems, so-called Electrical Energy Storage (ESS) systems. Nilar's battery technology is based on nickel-metal-hydride (NiMH) electrochemistry with a water-based electrolyte, which results in a strong environmental and safety profile together with a competitive price over a life cycle. The Company is headquartered in Täby and the energy-efficient production facility is, since 2012, located in Gävle, where the company's research and development also takes place.

Carnegie Investment Bank acted as Sole Global Coordinator and Joint Bookrunner while Joh. Berenberg, Gossler & Co. KG acted as Joint Bookrunner. Baker McKenzie acted as legal advisor to Nilar with a capital markets team consisting of Joakim Falkner, Henric Roth, Ian Gulam, Stefan Balazs, Per Blom and Johanna Flink as well as several other lawyers, e.g. Linnea Back from the tax team.
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