Lindahl advises CLX Communications AB (publ) and principal selling shareholders in connection with the listing on Nasdaq Stockholm and sale of shares in connection with the listing.
CLX was founded in 2008 with a mission to simplify communications globally. The Company has since then developed into a leading provider of cloud-based communication services and solutions to enterprises and mobile operators, with particular strength in the enterprise messaging market.
The offering consists of a public offer to institutional and retail investors in Sweden, a private placement in the United States to qualified institutional buyers, and a private placement to institutional investors in the rest of the world. The offering comprises 12,545,711 existing common shares to be sold by principal selling shareholders. The principal selling shareholders have undertaken to sell up to 1,860,483 additional existing common shares to cover any possible over-allotment in connection with the offering.
The offering price is expected to be determined within the range of SEK 54-59 per common share, corresponding to a market value of CLX Communications of approximately SEK 1,751 – 1,914 million. The prospectus was made public on 28 September 2015 and the first day of trading on Nasdaq Stockholm is expected to be 8 October 2015.
Advokatfirman Lindahl assists CLX Communications and the principal selling shareholders in the listing and sale of shares through a team lead by Annika Andersson (Capital Markets and Public M&A), with the assistance of Maria Arnoldsson (project manager, Capital Markets and Public M&A), Gabriela Baier-Sandén, Olivia Flink, Sebastian Iso-Kamula and Anton Knifström (Capital Markets and public M&A), David Frydlinger and Amanda Humell (IT and telecom), Jonas Westerberg, Annie Kabala and Anna Tarring (Intellectual Property), Jesper Johansson (Banking and Finance), Johan Hörnberg (Employment) and Anna Romell Stenmark and Therese Norenäs (Tax).