Home » Business » The technology company Airthings is priced at NOK 1.79 billion in connection with a stock exchange listing

The technology company Airthings is priced at NOK 1.79 billion in connection with a stock exchange listing

The technology company Airthings makes sensors to measure air quality, and has had strong growth internationally in recent years. Listing next year has been planned since last summer, but plans have been accelerated recently.

It is now clear that trading on Merkur Market will open on or around 30 October.

In connection with the listing, Airthings will raise around NOK 870 million through a private placement. The gross proceeds will land at around NOK 500 million.

The subscription price is set at NOK 13.50 and the company is priced at NOK 1.791 billion before the money is collected.

Up 800 million

This summer, the institutional investors Storebrand and KLP joined the ownership side. At that time, the company was priced at around NOK 1 billion. This means that the value of the company has increased by around NOK 800 million in a few months. The company is listed on Merkur this year, but has stated that they will enter the main list as soon as possible.

Geir Førre is the largest owner of the technology company and active chairman of the board. Airthings will be his fourth billionaire company either as an entrepreneur or a main owner. Earlier in October, he told DN about how he did not particularly ignite the company.

ABG Sundal Collier, Carnegie, DNB Markets and Arctic Securities are advisers in connection with the issue. (Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases using a link, which leads directly to our pages. Copying or other form of use of all or part of the content, can only take place with written permission or as permitted by law. For additional terms look here.

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