On 29 March 2021, Ørn Software Holding AS became listed on the Euronext Growth Oslo. The listing followed shortly after the successful completion of a NOK 385 million private placement, consisting both of an issue of new shares and a sale of existing shares from certain shareholders.
Ørn Software develops SaaS (Software as a Service) solutions, with a broad portfolio of digital tools that lets users improve operational efficiency and sustainability, resulting in reduced costs, increased uptime and extended asset lifetime. Ørn Software is the third software company backed by Viking Venture that CLP has advised on private placement and Euronext Growth listings within the last 9 months.
For further information on Ørn Software and their listing on Euronext Growth, please see their listing day video available here.
CLP thanks Ørn Software and Viking Venture for the vote of confidence and congratulates with the successful transaction!
Our advice to Ørn Software comes in addition to recent mandates where we have acted for the managers (Sparebank1 Markets, Arctic Securities, Carnegie and Fearnley Securities) in connection with private placements and listings for Flyr AS (more information here) and Kyoto Group AS (more information here).