Appear (the “Company”), designing and delivering high-capacity, sustainable solutions for media processing and live content delivery, yesterday announced the successful completion of its initial public offering of shares on Euronext Oslo Børs (the “IPO”). The IPO attracted significant interest from high quality investors, as well as from the general public in Norway and Sweden. The transaction was more than 12 times oversubscribed, excluding shares pre-allocated to cornerstone investors. The offer price of NOK 66.50 per Offer Share implies a pre-money market capitalisation of the Company of NOK 2.6 billon (before any exercise of the greenshoe option).
A total transaction of NOK 961 million was allocated, representing approximately 35% of the outstanding shares in the Company. Four cornerstone investors; Alfred Berg Asset Management, Storebrand Asset Management, DNB Investment Management and Kverva Finans AS, were allocated NOK 380 million, representing approximately 40% of the shares on offer in the IPO.
The first day of trading in the Company’s shares on Euronext Oslo Børs is 6 November 2025.
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