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ARTICLE | Financial News

InDex slides in trading debut

October 11, 2016 7:00 AM UTC

InDex Pharmaceuticals Holding AB (SSE:INDEX) slid SEK1.40 (17%) to SEK7 on Tuesday in its first day of trading after raising SEK250 million ($28.7 million) through the sale of 29.8 million shares at SEK8.40 in an IPO on NASDAQ First North Stockholm. The offering valued the company at SEK524.7 million ($60.3 million). The company proposed the offering in August. Stockholm Corporate Finance is the financial adviser, and Aqurat Fondkommission is the issuer agent. ...