Hacksaw Gaming confirms plans for an IPO, set to be finalized in June.

Hacksaw Gaming, a renowned provider of innovative content for the online casino industry, has announced it will complete its Initial Public Offering (IPO) later this month.

Hacksaw Gaming is set to go public on NASDAQ Stockholm, seeking to raise funds from public investors across Sweden, Denmark, Finland, and Norway, as well as from institutional investors both locally and internationally. This announcement follows just two months after speculation arose about the company engaging financial institutions—Carnegie Investment Bank AB, Citigroup Inc., and Jefferies Group Inc.—to facilitate their initial public offering (IPO), as first reported by Bloomberg in mid-April. Instead of issuing new shares, Hacksaw Gaming plans to offer existing shares held by founders, executives, employees, and board members during its IPO. The primary goal of this offering is not to raise capital but to provide liquidity for shareholders and potentially enhance the company’s market presence. Both the company's CEO and Chairman of the Board have expressed support for these initiatives. Christoffer Källberg, Group CEO, commented on the strategic opportunity for Hacksaw Gaming, stating, We have established ourselves as a leading supplier to online casinos in the global iGaming market, thanks to our strong, technology-driven offerings that provide the best possible experience for our customers. Hacksaw Gaming boasts partnerships with some of the top online casinos worldwide and aims to maintain this prestigious standing.

The news was similarly welcomed by the Chairman of the Board of Directors, Patrick Svensk, who stated that the company continues to pursue its goal of being a leading B2B iGaming supplier. Svensk expressed confidence that the company would maintain its strong growth and profitability in the coming months. On behalf of the board, I welcome new and additional shareholders to the company. Together with our high-performing management team, our goal is to create sustainable value for both our existing and new shareholders, Svensk said in his statement.