ABGSC acted as Joint Global Coordinator and Joint Bookrunner in the SEK 1.7 billion IPO of RugVista

RugVista announced on March 18, 2021, the successful completion of its initial public offering (“IPO”) with trading on Nasdaq First North Premier Growth Market commencing the same day. The final price in the IPO was SEK 125 per share, corresponding to a market capitalization of approx. SEK 2.5 billion. The value of the offering amounted to approx. SEK 1.7 billion, including the over-allotment option, of which the cornerstone investors Teknik Innovation i Norden Fonder AB (TIN Fonder), Roosgruppen AB, Knutsson Holdings AB, OstVast Capital Management Ltd, Adrigo Asset Management AB, Alcur Fonder AB, Fosielund Holding AB, Gornergrat Capital AB (owned by Filip Engelbert), Lhotse Capital AB (owned by
Jonas Nordlander) and LMK Venture Partners AB acquired shares corresponding to an aggregate value of SEK 820 million. The IPO attracted very strong interest from Swedish and international institutions, as well as the general public in Sweden, and was heavily oversubscribed.