Nordic Capital's Cint valued at €9.8B in Stockholm IPO
February 22, 2021
Cint, a research software company backed by Nordic Capital, sold 72 million shares at 72 Swedish kronor (around €7) apiece in its Nasdaq Stockholm debut on Friday, giving it a 9.8 billion kronor market cap. Of the shares offered, 61.4 million came from Nordic Capital. Assuming the over-allotment option is exercised, the total offering is worth around 5.97 billion kronor. Shares opened up 25% on Friday, before closing the day at 100 kronor apiece.