Vinge has advised eEducation Albert AB (publ) (”Albert”) in connection with its listing on Nasdaq First North Growth Market. The prospectus was published on 21 September 2021 and the first day of trading occurred on 1 October 2021.
The offer in connection with the listing covered approximately 4 700 000 newly issued shares as well as an oversubscription option for a further total amount of approximately 700 000 shares. The shares were offered at a price of SEK 49 per share, which entails that the offer (in conjunction with full utilization of the oversubscription option) amounted to approximately SEK 264 million. The price corresponds to a market value for the company of approximately SEK 600 million prior to the implementation of the offer.
Albert, which was founded in 2015 and has its registered office in Gothenburg, is an app‑based educational platform for children in the age intervals between 3 and 16 and offers EdTech services on a subscription basis. Since Albert was founded, the company has helped more than 275 000 families with their children’s education.
Vinge’s team primarily consisted of Wibeke Sorling, Edin Agic, Linus Adolfsson, Hanna Jansson (Capital Markets and Public M&A), Anna Backman (Employment), Alexander Lindberg, Anna Högsten (IP/IT), Victor Ericsson and Emelie Svanberg (Tax).