ABGSC acted as Joint Lead Manager and Joint Bookrunner in a NOK 434 million private placement in Mercell Holding AS

On February 10 2021, Mercell Holding AS (“Mercell” or the “Company”) announced the successful completion of the private placement, raising approx. NOK 434 million in gross proceeds to the Company through allocation of 41,360,230 new shares at a price of NOK 10.50 per share.
The Private Placement took place through an accelerated bookbuilding after close of market on 9 February 2021. The Private Placement was multiple times oversubscribed and attracted strong interest from existing shareholders in the Company and high quality institutional investors, both Nordic and international.
The Company intends to use the net proceeds from the Private Placement to fund the acquisition of Negometrix in the Netherlands, in addition to general corporate purposes and part funding of future acquisitions.