The total subscription amount for Fantasma’s IPO amounted to SEK216.0m, exceeding expectations with a subscription ratio of 1,269%. This successful offering will result in 1,000 new shareholders and the issuance of 700,000 shares and 560,000 warrants of series TO1. Notably, the Fantasma board and management accounted for approximately 68% of the offer, while prominent investors such as Betsson CEO Pontus Lindwall, Christian Rasmussen, KL Capital AB, and Mangold Fondkommisison AB also participated. As of tomorrow (23 March), Fantasma will be listed on the Nasdaq First North exchange. Fantasma CEO Björn Kjellsson expressed gratitude for the overwhelming investor interest, with over 4,000 investors expressing their subscription requests. The company looks forward to the next phase of development, welcoming both existing and new shareholders.
Fantasma IPO Raises SEK21.3m with Oversubscription of 1,269%: A Promising Development in Finance
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