case / 13 Oct 2021
Setterwalls acts as legal advisor to Truecaller in connection with restructuring
Setterwalls acted as legal advisors to Truecaller in connection with a restructuring of the company’s capital structure ahead of the IPO on Nasdaq Stockholm, and further in questions connected to the historic incentive structure of the company group.
Truecaller is the leading global platform to verify contacts and block unwanted calls and messages. On 8 October 2021, the shares of Truecaller AB began trading on Nasdaq Stockholm. The price per B-share in the offer was SEK 52, corresponding to a market value on the company of approximately SEK 19.4 billion, and Truecaller became the largest tech IPO in Sweden so far.
Setterwalls team consisted primarily of Niclas Hermansson, Andreas Ödman and Jesper Olsson.