Nordic Underwriting

Overview

Nordic Underwriting is a Danish private investment firm specializing in underwriting services for rights issues on the Spotlight and Nasdaq First North Growth Market stock exchanges in Sweden and Denmark. They provide guarantees typically ranging from SEK 10 to 40 million per transaction, with the capacity to act as sole underwriter and offer guarantees up to 100% of target proceeds. Their focus is on ensuring the success of capital raising efforts by offering financial backing and expertise. The firm's underwriting process is time-sensitive and transparent, involving close collaboration with the issuing company's senior management and financial advisors. They assess the structure of the rights issue, the quality of the business and its leadership, and the company's investor relations efforts to determine their involvement. Nordic Underwriting does not provide bridge loans or convertible loans, nor do they act as a pre-subscriber, but they may recommend such pre-subscriptions to their backers and collaborators. In 2022, there were 152 rights issues on Spotlight and the Nasdaq First North Growth Market in Sweden and Denmark, with the majority taking place in Sweden. Of these, 134 (86%) involved underwriting, with total guarantees provided amounting to SEK 4.7 billion (DKK 3 billion). This underscores the significant role Nordic Underwriting plays in facilitating capital raising activities in the Nordic region. Investment Requirements: Nordic Underwriting seeks to collaborate with companies that have well-structured rights issues, strong management teams, and effective investor relations strategies. They are particularly interested in businesses operating in the Nordic region with a focus on growth and expansion. Year Founded: 2019

Portfolio Companies