Tamturbo is planning a listing on Nasdaq First North Finland

11 May 2020

The IPO would open up the capital markets for the Company and strengthen its awareness and credibility among customers, suppliers and potential new employees of the Company. The IPO would also enable more liquidity in the Company’s shares.

The planned IPO is expected to consist of a new share issue. The objective of the planned IPO is to support growth in line with the Company’s strategy by enhancing the Company’s global growth strategy for its sales, marketing and customer service as well as for expanding the Company’s other operations.

The Company’s largest shareholders would enter into ordinary lock-up agreements and many of them would also enter into subscription commitments in the IPO.

Augment acts as the financial adviser to the Company in the IPO and as the Certified Adviser according to the First North Nordic Rulebook.