Delphi advisor to First Venture in connection with listing

Delphi has assisted First Venture Sweden AB (publ) in connection with the listing of B-shares on Nasdaq First North Growth Market. The listing covered a share issue corresponding to issue proceeds of SEK 245 million.

The offer was directed at institutional investors in Sweden and international and the general public in Sweden, Finland, Denmark and Norway and was oversubscribed from over 3,100 accounts. The price per share was SEK 9.75 and the market value after completion amounts to approximately SEK 365 million.

First Venture Sweden AB was founded in 2017 and invests in strong entrepreneurial teams in technology, health and sustainability. The company invests in both unlisted and listed growth companies with a market cap of less than SEK 500 million.

Delphi’s team consisted of Mats Dahlberg and Jenny Lindén.