Moll Wendén has advised Acconeer on the heavily over-subscribed 180 MSEK initial public offering (IPO) of Acconeer on Nasdaq First North, which valued the company at 475 MSEK.
Acconeer was listed today (11 December 2017) in Malmö, Sweden. Moreover, the company was the first company ever to be officially listed on Nasdaq First North Stockholm outside of the Nasdaq headquarters in Stockholm.
The semiconductor company Acconeer was founded in 2011 by researchers from Lund University. On the basis of their research Acconeer has developed a complete, high-precision microwave radar system integrated on a single chip that can be integrated in battery driven and compact electronic devices. Redeye is the certified advisor of the company. The Moll Wendén team was led by partner David Klose, supported by Axel Johnsson and Elisabeth Kraft Bucin.