Aspire Global filed its application for listing of its shares on Nasdaq First North Premier and published its prospectus while announcing the price for its share to be SEK 30.
The offering is directed towards the general public in Sweden and to institutional investors in Sweden and internationally. It is expected to strengthen Aspire Global’s recognition and brand awareness among players, partners, investors, employees and the sector in general as well as provide access to capital in order to finance Aspire Global’s growth strategy. The listing will also enhance the ability of Aspire Global to use its shares as currency in future acquisitions.
Tsachi Maimon, CEO, said: “We have built and refined a unique business model that has enabled us to reach an attractive market position in Europe. Going forward we will continue to focus on growth and exploit future business opportunities, as more and more gaming markets becomes regulated. Since the beginning of this year, we have signed agreements with nine new operators while negotiations are in place with a few additional potential partners. We are also exploring potential acquisitions, proactively seeking for the right opportunities. I am looking forward to welcoming new investors on this journey of continued profitable growth with Aspire Global.”
Carl Klingberg, chairman of the board, added: “The listing of the Aspire Share is an important step in our development and it secures the possibility to accelerate growth both organically and through acquisitions. Since the announcement of our intention to float we have received a lot of positive feedback from investors who appreciate Aspire Global’s position, scalable business model and advanced gaming platform. The increase of partner agreements in a number of European regulated markets further set favourable conditions for continued growth. I have great confidence in our management team’s capacity to drive growth and look forward to actively supporting Aspire Global’s development in the future.”