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.
Seluxit prepares IPO on First North Copenhagen
September 25, 2018

The Danish IoT company Seluxit is preparing an IPO on First North Copenhagen. Seluxit expects to raise DKK 22m to 26m. The founders will keep the majority of the company. The company does not have external investors and is going public to broaden its ownership as clients have had concerns with the slim ownership structure. Seluxit has, since inception day, reported recurring positive revenue and profit growth.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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