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22 June 2020

Moalem Weitemeyer assisted Shape Robotics

Shape Robotics, a Danish robotics company with a strong position in the global educational technology (EdTech) market, has announced the successful completion of its IPO on Nasdaq First North Growth Market.

The IPO brought Shape Robotics gross proceeds of DKK 27 million and approximately 1,700 new investors. The offering generated demand for DKK 158.25 million and was oversubscribed by a factor of 5.9x.

Shape Robotics’ CEO David Johan Christensen says:
“We are incredibly pleased with the great interest and trust from so many investors in both Denmark and Sweden. My only regret is that many shareholders will not get the shares they requested in the subscription. This IPO will allow us to quickly grow our commercial activities and bring Fable robots into many more classrooms around the world. I welcome everyone to join us on this exciting journey!“

Henning Aasmul-Olsen

Partner

+45 30 37 96 50

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