Delphi advisor to Envar in connection with listing on Nasdaq First North Growth Market

Delphi has assisted Envar Holding AB in connection with an IPO of MSEK 50 and listing on Nasdaq First North Growth Market. The offering was directed towards both institutional investors and the general public in Sweden, Finland, and Norway. The offer attracted very strong interest and the offer was oversubscribed. The first day of trading for Envar’s shares on Nasdaq First North Growth Market is on 17 December 2024.

Envar Holding is an outsourcing and development studio focusing on game graphics to mainly game development companies or other companies active in the entertainment industry. The company has established itself as a provider of high-quality graphics and development services to some of the largest players in the gaming industry, including companies such as Riot Games, Netflix, NetEase, Blizzard, 2K, Hasbro, Tencent and EPIC Games.

Delphi’s team consisted of Jenny Lindén, Tove Rodlert, Emmy Falck and Olivia Svedmark.