Setterwalls assists Maven Wireless Sweden AB (publ) in connection with an issuance of new and sale of existing shares and intended listing on Nasdaq First North Growth Market

Setterwalls assists Maven Wireless Sweden AB (publ) in connection with an issuance of new and sale of existing shares and intended listing on Nasdaq First North Growth Market.

Maven Wireless Sweden AB (publ) is a leading player that offers software-based and patented products for indoor and tunnel coverage with high bandwidth. The company’s board of directors and shareholders have resolved to carry out an initial public offering through issuance of new and sale of existing shares to the general public in Sweden, Finland and Norway and institutional investors in Sweden and internationally. The company’s board of directors has further applied for listing of the company’s shares on Nasdaq First North Growth Market. The first day of trading in the company’s shares is expected to be on 10 June 2021. The offering price is set at SEK 13.00 per share, corresponding to a total market value of the company’s shares of approximately SEK 600 million before the offering.