22 Apr - 6 May 2021
Twiik is an innovation company based in Malmö and headquartered in Stockholm. The company develops solutions that make it possible for trainers and gyms to create innovative digital training services and thereby digitize their service offering and make good training available to a larger target group. The product is a combination of an application for exercisers and a web tool for trainers and gyms. There are programs and individual sessions in everything from diet and exercise to programs that focus on stress, sleep and meditation. The number of coaches and programs is constantly increasing. The digital technology allows an individual trainer or a gym to take care of a large number of people at the same time, which enables lower prices and thus trainer-led training can reach completely new target groups and customer segments.
To register in Twiik AB’s IPO, contact your bank. Please note that not all banks help their customers to register and in case they don’t, please contact Nordic Issuing for information on how to proceed.
You can register an interest via the following banks:
The offer in summary
Registration period: 22 April – 6 May 2021. Registration takes place via your bank/trustee.
Offer price: SEK 24.40 per unit, corresponding to SEK 6.10 per share. Warrants of series TO 1 are free of charge.
Minimum acquisition: 250 units (corresponding to SEK 6 100.00) Each unit consists of four shares and one warrant of series TO 1.
Capital raise: The offer comprises 2,631,676 shares and 657,919 warrants of series TO 1, corresponding initially to a maximum of approximately SEK 16 million, and a further maximum of approximately SEK 5.2 million via TO 1.
Subscription commitments: The company has received subscription commitments totaling approximately SEK 8.95 million (including bridge financing of approximately SEK 5.27 million and associated compensation of approximately SEK 1.05 million) in total corresponding to approximately 56 percent of the issue volume.
Number of shares before issue: 4 081 200 shares.
Valuation (pre money): Approximately SEK 24.9 million.
Planned first day of trading: 19 May 2021.
ISIN-code for the share: SE0015797352.