Porsche Automobil Holding SE has participated in the second round of ABB E-mobility Holding pre-IPO private placement in the amount of CHF 325 million. Porsche SE, a holding company with investments in the areas of mobility and industrial technology as well as a core shareholder in Volkswagen and Porsche, has invested a double-digit million euro […]
Smart Valor, a financial technology company operating a digital asset and cryptocurrency exchange, becomes the first digital assets exchange in Europe listed on Nasdaq. As a fully compliant exchange, authorised by the financial supervisory authority of Liechtenstein, Smart Valor provides custody, trading and brokerage to customers from 130 countries. Eversheds Sutherland advised Smart Valor on its […]
The first Swiss SPAC, VT5 Acquisition Company, successfully priced its initial public offering. The listing of the Class A Shares and Redeemable Warrants on the SIX Swiss Exchange is expected for 15 December 2021. The deal was oversubscribed, with a total amount of capital raised of approximately CHF 200 million. VT5 plans an acquisition of one or (if at the same time) more operating companies or businesses within 24 months […]
The Baloise Swiss Property Fund was listed on the SIX Swiss Exchange. The first trading day was November 1, 2021. The investment objective of the Baloise Swiss Property Fund is primarily to generate a stable current income through direct investments in Swiss core/core plus real estate, which is in a good location and has a […]
On October 27, 2021, Skan Group has announced the pricing of its IPO, consisting of 1,731,494 newly issued shares and 2,768,506 existing shares and an over-allotment option of up to 500,000 shares, at CHF 54 per share, implying a total market capitalisation of CHF 1.214 billion. Skan Group will receive gross proceeds from the issuance of the […]
Following the Spin-off, Sulzer and Medmix shares will start trading separately on the SIX Swiss Exchange. In an offering of new shares, which took place at the same time, 7 million new shares were issued in Medmix at CHF 45 per share, raising gross proceeds of CHF 315 million from the capital increase, yielding net proceeds of approximately CHF […]
On Holding, a Swiss-based athletic shoe and performance sportswear company, has completed its initial public offering (IPO) on the NYSE, consisting of an offering of 31,100,000 Class A ordinary shares, of which 25,442,391 were offered by On Holding AG and 5,657,609 were offered by the selling shareholders, and an over-allotment option granted to the underwriters of […]
Sportradar Group (Sportradar), a global provider of sports betting and sports entertainment products and services, has successfully commenced trading on the Nasdaq Global Select Market on 14 September 2021 with a total market capitalisation of approximately USD 8 billion. Sportradar announced the initial public offering of 19,000,000 Class A ordinary shares at a price to the public of $27.00 per share. […]
Homburger acted as Swiss counsel to Sophia Genetics on the initial listing of its shares on the Nasdaq Stock Market (ticker: SOPH). Sophia Genetics is a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research. The pricing of its initial public offering […]
The Kursaal Bern, a traditional Swiss company with the three business segments congress center, hotel & gastronomy and casino, successfully launched the first initial public offering since the outbreak of the pandemic on the BX Swiss on June 29, 2021. Kellerhals Carrard along with ZKB assisted Kursaal Bern in all corporate and capital market aspects […]
