Hacksaw is getting ready to go public. The company has officially published its IPO prospectus and confirmed it’s heading for Nasdaq Stockholm. With the Hacksaw IPO Nasdaq listing now locked in, the offering opens to investors this week.

  • The IPO will offer up to 50 million shares, all coming from existing shareholders—including the company’s founders. That means Hacksaw itself won’t raise any new funds from the deal, but it will create liquidity and bring new investors on board.

  • Shares are priced at SEK 77 each, putting Hacksaw’s total market value at around SEK 22 billion, or roughly EUR 2.0 billion. If the full offering goes through, the total raised could reach SEK 3.85 billion (around EUR 352 million).

  • The offer is open to retail investors in Sweden, Denmark, Finland, and Norway, along with institutional investors internationally. Applications run from 17 to 24 June, and trading is set to begin on 25 June under the ticker “HACK”.

  • An additional 6.5 million shares are available through an over-allotment option, which gives the banks leading the deal flexibility to meet extra demand. If exercised in full, it adds EUR 46 million to the transaction.

  • Existing shareholders are subject to lock-up commitments. Those holding more than 4% of shares must hold on for 360 days, while smaller shareholders have a 180-day lock-up.

  • Hacksaw is best known for its proprietary RGS platform, used to build and distribute games for iGaming operators. The platform’s design lets Hacksaw quickly tweak games to match local rules and push out updates at scale.

  • “With the publishing of the prospectus, we take another important step towards an IPO of Hacksaw,” said CEO Christoffer Källberg. “We are excited to welcome new investors to Hacksaw.”

  • The company says its move to go public is about expanding its shareholder base, building its brand visibility, and supporting long-term growth.

  • The prospectus—approved by Sweden’s financial regulator—is now available on both Hacksaw’s and DNB Carnegie’s websites. It includes full terms and conditions of the offering.

  • Price stabilisation may be carried out in the first 30 days of trading. DNB Carnegie, acting on behalf of the joint bookrunners, may intervene to keep share prices steady during that window—but isn’t required to do so.

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