Safello's IPO heavily oversubscribed
Safello's IPO was subscribed to 1240% – Northzone, White Star Capital and Digital Currency Group are anchor investors ahead of listing on Nasdaq First North on May 12 Stockholm, 5 May 2021 | Sweden's leading broker for cryptocurrencies, Safello , announced late last night that the new share issue of SEK 40.5 million prior to the planned listing on Nasdaq First North was heavily oversubscribed, with a subscription ratio of 1240%, corresponding to more than half a billion SEK. – We are very happy about the overwhelming interest that Safello's IPO has generated.