Hacksaw AB said its shareholders aim to raise up to €351.1m [$403.5m] by offering up to 50 million shares priced at SEK77 [$8.06] in its initial public offering prospectus.
The iGaming supplier is aiming for an approximate €2bn valuation through its listing on Nasdaq Stockholm, and will put up around 15% of its total shares in the offering.
It follows Hacksaw announcing its plan to launch an IPO earlier in the month, intending to provide a liquidity event for current shareholders while broadening the company’s investor base and increasing its market visibility.
Christoffer Källberg, Hacksaw group CEO, said: “With the publishing of the prospectus, we take another important step towards an IPO of Hacksaw.”
