ARTICLE | Financial News

Moberg Derma pulls IPO

December 14, 2010 1:45 AM UTC

Moberg Derma AB (Stockholm, Sweden) withdrew its IPO after determining that demand from investors was not sufficient to ensure a successful listing. The company filed in November to raise SEK140 million ($20.3 million) through the sale of 3.1-3.8 million shares at SEK37-SEK45 on NASDAQ OMX Stockholm. Ohman was lead manager and bookrunner, while Avanza Bank and Nordnet Bank were selling agents. ...