“Finally!” This was the happy message on X from Alexander Hagen, CEO of Ace Digital, just before the weekend. The explanation for Hagen's happy announcement was that the company could now announce that the Ace Digital stock will be listed on Euronext Growth Oslo on September 25..
Picture: Alexander Hagen, CEO of Ace Digital
It was in early May that the first Norwegian Bitcoin Treasury company saw the light of day, having fetched 50 MNOK from leading Norwegian Finansfolk.However, as Ace was not listed at the time, attention quickly shifted to listed companies such as K33 and NBX in Norway, and H100 in Sweden, as these launched their own Bitcoin Treasury strategies.
After Ace Digital applied for an IPO in early July, the stock exchange plans are now finally in the box. In connection with the stock exchange listing, there will also be an issue. The subscription period will be 10-17 September and the subscription price is 1 NOK. This means in the event that investors who entered April May at a subscription price of NOK 0.70 are left with an unrealized gain. Based on these prices, the company's value over the same period has risen from 71 MNOK to well over 100 MNOK. Hagen tells Kaupr that the issue is likely to be in the range of 30-50 MNOK.
“This listing marks a pivotal step in scaling our vision to make Bitcoin a cornerstone of financial innovation. I invite you to join us on this journey! 🚀 “, Alexander Hagen wrote on Linkedin and continued:
“Ace Digital will relentlessly explore product and service opportunities across the entire Bitcoin ecosystem and pursue strategic partnerships to enhance shareholder value, all while maintaining a disciplined and opportunistic approach to capital markets. Ace Digital will be accumulating Bitcoin as a treasury asset by utilizing institutional-grade security solutions and risk-mitigation strategies.”
A solid gallery of experienced Norwegian financiers is behind the Treasury company Ace Digital. Management consists of the CEO Alexander Hagen, COO Håvard Lindstrøm, COO and CFO Mats Jensen,
The company also has a Advisory Board comprising Bjørn Wicklund, derivatives, Jarle Norman-Hansen, Torbjørn Bull Jensen, Hans Erling Bakke and Ola Håmpland,.
These are the 10 largest shareholders/shareholder groups:
