The offering will be available to retail investors across Sweden, Denmark, Finland, and Norway, and to institutional investors both within Sweden and internationally.
Hacksaw Gaming has confirmed plans to launch an initial public offering (IPO) made up exclusively of existing shares held by its founders, board members, senior leadership, and employees. No new shares will be issued as part of the listing.
Whispers of a potential float first emerged back in April. The offering will be available to retail investors across Sweden, Denmark, Finland, and Norway, and to institutional investors both within Sweden and internationally.
The company noted that, pending final regulatory sign-off and favourable market conditions, the listing is expected to be completed later this month. Nasdaq Stockholm has already reviewed the application and determined that Hacksaw satisfies the exchange’s listing criteria.
Rather than raising fresh capital, the IPO is intended to provide liquidity for current shareholders and to broaden Hacksaw’s investor base, enhancing its profile in the public markets.
Leadership Speaks
“I am delighted to announce our intention to list on Nasdaq Stockholm,” commented group CEO Christoffer Källberg (pictured).
“We have established ourselves as a leading supplier to online casinos active on the global iGaming market thanks to our strong, technology-driven offering and capabilities that enable us to create the best possible experience for our customers.
“We look forward to continue building on our strong foundation and to deliver high-quality experiences and bring value to our customers,” he added.
Board chairman Patrick Svensk echoed the sentiment, saying:
“We have come a long way in meeting our objectives to establish Hacksaw as a leading B2B iGaming supplier, and we are in a great position for continued strong growth and profitability.
“On behalf of the board, I welcome new, additional shareholders to the company, and together with our high-performing management team, our ambition is to create sustainable value for our existing and new shareholders.”