Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Cannabis firm Stenocare goes public and raises DKK 18.6m
October 26, 2018

The Danish medical cannabis company will IPO today on the Swedish Stock Exchange Spotlight (former "Aktietorget"). The stock is 20 times oversubscribed and the valuation of the company is DKK 59.7m. Prior to the general offering, private investors already subscribed shares for DKK 11m. Stenocare reported zero sales and negative EBIT and EBITDA in the financial statement in the prospectus.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
Our insights have been covered by: