cloudrepublic news

CloudRepublic AB (publ) IPO oversubscribed with 180 %



March 17, 2017 ended the subscription period for CloudRepublic AB’s IPO of shares, prior to listing on NGM Nordic, MTF. The issue amount totaled 14.985 million SEK. On Friday 850 shareholders had subscribed a total of 27 million SEK. The subscription rate was over 180%. The board has given the favorable interest chosen to exercise the warrant which means that the issue amount will be increased by 4.995 million kronor to 19.98 million crowns. This means that the company through share issue with 17 million SEK after listing, and share issue costs. Notification about the award and allocation of contract notes will be made as soon as the assignment is completed.

CEO Alexander Kehrer comments:

Alexander Kehrer VD

I’m very pleased with the great interest that we have received for the company, and see it as a clear signal that there is a great interest, and a high awareness, of the accelerating digitization that companies are now forced to undergo in order to keep up with todays fast paste changes.

Now, we will accelerate efforts to increase sales volumes and to intensify the work with potential acquisition candidates. I would like to welcome all new shareholders to CloudRepublic. We look forward to have a continuing dialogue with you, so please like us on FB or subscribe to our newsletter.


As a result of the oversubscription the allocation cannot fully be allotted. The board has decided, to meet the wide interest with the best possible solution, to use the over-allotment option of 185,000 shares (4,995,000 SEK) and also decided that the minimum entry will be 200 shares.

First day of trade

The company has applied to be listed on NGM, Nordic MTF, and will return with information, as soon as all documentation is completed, about the first day of listing.

Shares and share capital

After the issue has been registered with Bolagsverket, the total number of shares in CloudRepublic will amount to 2,073,333 pieces with a registered capital of 777 500.07 SEK.

Press release from CloudRepublic AB (publ), Stockholm, March 21, 2017.

Advisor prior to listing

CloudRepublic has used Gothenburg Corporate Finance AB (GCF) as financial advisor in the process of listing and IPO.

For more information please contact:

Alexander Kehrer, CEO, Phone +46 70 825 69 64, E-mail:


Ari Liukko, Chairman of the Board, Phone +46 733 15 15 15, E-mail: