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Pagero Group prepares to float on Nasdaq First North Growth Market

Wednesday 20th October, 2021

Pagero Group AB has announced its intention to launch an initial public offering of the company’s shares on the Nasdaq First North Growth Market, according to a company press release.

Pagero offers its products and services globally in over 140 countries and estimates that more than 12 million companies are reachable via its network (including Gosocket Corporation that was acquired in July 2021).

Bengt Nilsson, CEO of Pagero, comments: “The Listing of the Company is an important step in our quest to build the world’s largest, open network for digital document exchange between businesses and to reach our SEK 1,500 million ARR target by 2025. Pagero sees very interesting opportunities in the global market and expects accelerated growth as result of a wide array of regulations around digital business communication being issued by public authorities and government bodies all around the world at the moment. This comes on top of strong underlying growth in digitalisation and automation which has further intensified as a result of the COVID-19 pandemic.”

The Offering and Listing is expected to be completed during 2021.

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