ABGSC acted as sole global coordinator and bookrunner in the pre-IPO private placement of SEK 150 million in Charge Amps

Charge Amps, the Swedish green-tech company and provider of EV charging solutions, today announced the completion of a SEK 150 million pre-IPO private placement in a round led by Swedbank Robur via its equity funds Microcap and Ny Teknik. The private placement consisted of a primary offering of SEK 130 million and a secondary offering of shares worth SEK 20 million. The investment will be used to further expand and establish Charge Amps’ European presence in key markets for 2021 including the Nordics, the UK, as well as the DACH and Benelux regions. It will also be used towards R&D to enhance Charge Amps’ product offering and innovation, and to ensure operational excellence in preparation for an IPO, which is planned for 2022