The FINANCIAL — The air quality company Airthings has today been admitted to trading on Merkur Market (ticker code: AIRX-ME).
“Airthings have technology to empower people around the world to breathe better, and our unique products and solutions are used in homes and buildings around the world. I am very proud of today’s listing of our shares, as it represents an opportunity for anyone to invest in us and join us on our journey towards better air for everyone”, says Øyvind Birkenes, CEO of Airthings.
Airthings recently raised NOK 790 million through a private placement. The placement included NOK 500 million in new shares and NOK 290 million in sales of existing shares, and attracted strong interest from high-quality institutional investors and was significantly oversubscribed, reported Airthings.
“This listing is a big day for a great company, and we are very proud of the interest and trust placed in us by both Norwegian, European and US-based investors. The fresh capital will further strengthen Airthings’ execution towards NOK 1 billion in sales in 2024”, says Geir Førre, Chairman of Airthings.
The shares in the offering were sold at NOK 13.5 per share, corresponding to an equity value of NOK 2.3 billion.