Cessatech’s IPO of units significantly oversubscribed

Published: 27. November, 2020

Subscribed to DKK 107 million, corresponding to a subscription ratio of approx. 680 percent….

Subscribed to DKK 107 million, corresponding to a subscription ratio of approx. 680 percent.

https://cessatech.com/wp-content/uploads/2020/11/201127-Significantly-oversubscribed-IPO.pdf

The subscription period in Cessatech A/S (“Cessatech” or the “Company”) IPO of units (shares and consideration free warrants) ended on 24 November 2020. The initial part of the IPO of units was subscribed to a total of approx. DKK 107 million, corresponding to a subscription ratio of approx. 680 percent, and Cessatech will thereby be provided approx. DKK 15.8 million (before issue costs). Through the IPO of units, Cessatech receives approx. 1,270 new shareholders. Settlement notes are scheduled to be sent out today, 27 November 2020. The first day of trading at Spotlight Stock Market is expected to be 16 December 2020. Sedermera Fondkommission is the financial advisor and Markets & Corporate Law Nordic AB is the legal advisor in connection with the capitalization and listing. Nordnet Bank AB has acted as selling agent.