The Danish company Relesys A/S has been listed, and its shares have been admitted for trading on Nasdaq First North Premier Growth Market Denmark.
Relesys A/S is a SaaS company who has developed a platform enabling companies to engage their employees through a tailored app and detailed data collection.
The offering consisted of the sale and issuance of 13,248,000 shares at an offer price of DKK 6.25 per share equal to gross proceeds of DKK 82,800,000. The company received subscription for DKK 221,000,000 and the offering was oversubscribed by 167%.
On 8 November 2021, Relesys A/S announced an EU Growth prospectus and the offer period ended on 22 November 2021.
The proceeds from the offering will be used to expand to new markets, including taking on new employees, investing in sales and marketing activities and product development to ensure that the Relesys platform remains best in class.
Accura advised Relesys A/S in connection with the listing.