Shares in igaming supplier Hacksaw AB began trading on Nasdaq Stockholm today (25 June) under the ticker symbol ‘HACK’, following a heavily oversubscribed initial public offering (IPO) valuing the company at approximately €2bn [$2.3bn].
The listing marks a major milestone for the Sweden-based firm, which supplies digital games and operates a proprietary Remote Gaming Server (RGS) platform for operators worldwide.
The IPO places Hacksaw firmly in the large-cap segment of the Nasdaq Stockholm, which includes all listed companies with a valuation of over €1bn.
The IPO, confirmed earlier this month, attracted strong demand from institutional investors globally, as well as retail investors across Sweden, Denmark, Finland, and Norway.
