The Agillic share AGILC is now live on Nasdaq

On March 22, Agillic went public in a roar of golden confetti, cheers and happy smiles, as Dorthe Caroline Knudsen, one of the veterans at Agillic, pressed the Nasdaq button. Employees, management, board members, and investors celebrated Agillic’s listing with champagne at the Nasdaq Copenhagen headquarter.

New member in the Nasdaq family

Carsten Borring, Head of Listings & Capital Markets at NASDAQ, welcomed Agillic as the 3rd new Nasdaq family member in March:

-Some like tech, others like trucks, but there is no doubt that Agillic is on to something with their software solution. We are happy to give shareholders the opportunity to include Agillic in their portfolio and happy to facilitate that Agillic obtains the capital they need to grow. It is great to have established companies like Novo Nordisk, but we also need growth companies like Agillic, and Nasdaq First North offers an attractive fundraising platform for European growth companies,” says Carsten Borring.

37 mill DKK has been raised in fresh capital to support Agillic’s expansion in the United Kingdom and growth in Scandinavia. Carsten Borring sees the Agillic’s IPO as leading the way for other tech companies, who on top of raising capital also benefit from the increased visibility that a Nasdaq listing provides to new companies.

A nation of entrepreneurs

Brian Mikkelsen, the Minister for Industry, Business and Financial Affairs was also present at the introduction and in his speech wished Agillic all the best of luck. Recently, the government published ‘Strategy for Denmark’s Digital Growth’ setting the ambition to make Denmark a digital frontrunner. The government will create the foundation for companies to exploit new technologies to create growth and increase prosperity. A total of 1 billion DKK has been earmarked for strategy initiatives by 2025.

-We must strive to create a nation of entrepreneurs, where companies have the possibility to go public and wage-earners are willing to invest and thereby support innovation in Denmark, Brian Mikkelsen said.

Fortunately, investors have been very willing to support Agillic’s growth and the stock was oversubscribed by 33 percent several days prior to the introduction.

Data is the new gold, Brian Mikkelsen said in his speech, and as a player in the MarTech-industry Agillic indeed feeds on data. The industry is projected to 5-double over the coming years and Agillic plan to take its fair share of the market and turn it into gold:

– The ambition is to grow 50 percent annually towards 2020, in order to reach the 100 mill DKK in subscription-based revenue which we have promised our investors, says Agillic CEO Jesper Valentin and continues:

-With the fresh capital Agillic is well prepared to continue its growth as a publicly listed company at Nasdaq First North in Copenhagen. This is a brand-new chapter for our employees and for the shareholders, whom we look forward to including into the growth to come. A huge thanks to the new shareholders for your trust in us. We have a plan, we have a fantastic market, we have a fantastic product – now we must execute the plan. Today, we celebrate and then it is back to work – hard work, says Jesper Valentin.

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