Setterwalls has advised Linkfire A/S (”Linkfire”) in connection with the listing on Nasdaq First North Premier Growth Market. The trading in Linkfire’s shares commenced on 28 June 2021.
Linkfire provides digital marketing services for the entertainment and music industries. The company’s digital platform allows for artists and labels to create so-called smart links for music products such as songs, albums, tickets and merchandise, which can be shared on websites and applications. The platform also offers complex data insights, helping Linkfire’s customers to better understand their target audiences and consumer journeys. In connection with the listing, an offer of 13,392,857 new shares was made to the general public in Sweden and institutional investors in Sweden and abroad raising approximately SEK 150 million before issue costs. In order to cover potential over-allotment in connection with the offering, the company has undertaken, through an over-allotment option to Pareto Securities, to offer up to 2,008,928 additional shares, corresponding to up to 15.0 per cent of the number of shares in the offering. Assuming that the over-allotment option is exercised in full, Linkfire will receive issue proceeds of approximately SEK 172.5 million before issue costs.
Setterwalls acted as legal advisor to Linkfire in the listing process.