Fogel & Partners advisor to Lyko in connection with its IPO on Nasdaq First North Premier

Fogel & Partners acted as advisor to Lyko, a beauty- and healthcare specialist which is combining a leading online presence with physical stores and treatments, in connection with its IPO on Nasdaq First North Premier.

The offering was oversubscribed considerably and attracted very strong interest from both institutions as well as the general public in Sweden, with 4000 new shareholders subscribing. The offering price was set at SEK 50 per share, corresponding to a market capitalization of approximately SEK 766 million at IPO.